An X-ray transparent and biological inert medical clip for treating aneurisms and the like and process for producing same wherein a graphite reinforced composite film 15, 16, 20 and 21 (FIGS. 1a-1d) is molded into a unitary structure having a pair of "hourglass" like cavities 30, 31 (FIG. 2) hinged together (33) with a pair of jaws 27 and 28 for grasping the aneurism extending from the wall of one cavity and a silicone rubber pellet 35 (FIG. 3) disposed in the other cavity to exert a spring force through the hinge area 33 to normally bias the jaws into contact with each other.