A bioabsorbable band system for securing a bone fracture, or an osteotomy, or a soft tissue on a bone. The bioabsorbable band system includes a needle system and a bioabsorbable band including a bioabsorbable locking member. The bioabsorbable band includes a length having an at least partially oriented structure. The bioabsorbable band further includes a locking mechanism with a locking member. Also a method for producing the bioabsorbable band.
