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Biocorrosion and biodegradation behavior of Mg–4Li–1Ca alloy were investigated for industrially important end product conditions, namely the homogenized, rolled, and rolled + annealed ones. Among the three, homogenized material showed the highest corrosion rate (27.2 mm/year) in a simulated body fluid (SBF) owing to its coarse grain structure containing long dumbbell-shaped eutectic phase.