Green’s Dictionary of Slang

dragon n.3

[backform. f. chase the dragon v.]

(drugs) heroin.

[Aus]DRUG-ARM Aus. 🌐 Slang Terms: dragon Heroin.
[UK]K. Sampson Killing Pool 153: Heroin was my fist taste of action [...] in ’84, and here I am back in the saddle and out on the trail of the dragon once again.
J. POrter ‘One More Day Can’t Hurt’ in ThugLit Apr. [ebook] Drink and the dragon pulled him down.