Magnesium alloys have excellent mechanical properties such as good biocompatibility and biodegradable absorbability. Magnesium alloys are ideal surgical materials because they may facilitate postoperative follow-up. However, few medical devices made by Magnesium alloys are clinical approved in market. There are still many challenges need to be addressed for Magnesium alloy based medical devices, such as the control of degradation rate, limited formability and inherent biocompatibility. This study is to develop a hemostatic clip made by biodegradable magnesium alloy. Selected elements are added to Magnesium based alloy in order to control the formability and degradation rate. Processes to make the hemostatic clip with proposed alloy are introduced. The developed hemostatic clip is expected to be used for surgery in the future.