A magnetic suture has a ferrule with a tapered region in which a knotted suture is provided and secured with an adhesive, and a straight region in which a magnet is provided. The magnetic suture can be manufactured and assembled by knotting a suture, threading it through the tapered portion, and applying adhesive. The structure and method provide a magnetic suture provide increased manufacturing tolerances and decreased failure rates, thereby reducing waste of components and time while increasing the manufacturing/assembly speed and reliability of magnetic suture assembly.