The wand of drain life is an item that shoots a projectile that will have the same affect as the Scroll of Drain Life. It drops from a Lich.

Lysis buys the wand for 155 gold and sell it for 900, while Darklow will buy it for 124 and sell it for 995. Tavelor charges 238 gold to engrave it to yourself and 310 gold to engrave it to your guild.

The wand has a fun texture, and makes a ranged class more possible, even if it is expensive, some players may be able to achieve it if you could farm lich almost constantly...