Actually, he can buy it back up, but he needs to spend Karma to do so. Gene Therapy can't make you a better Mage/Technomancer, only experience can.
Only if he wasn't at maximum magic, or he initiates then buys up his magic. Example:
Magic 6, Initiation 0, Essence 6
Gets a 0.2 essence implant, Essence now 5.8,
Magic drops to 5, Maximum Magic drops to 5.
Gets implant removed, Essence still 5.8 with a 0.2 hole.
Undergoes Revitalization gene therapy for 115,000 yen over 2 months, Essence goes to 6.0. Maximum Magic is still 5.
Why?
Though Essence points lost to implantation, Energy Drain, and addiction may be restored through gene therapy, Magic/Resonance points lost are never returned and reductions to the maximum Magic/Resonance attribute remain in effect.
Note: Augmented Healing, Cellular Repair (which works on Energy Drain and Essence Drain related Essence damage only) doesn't have a line like that, so it's GM interpretation whether that restores your Maximum Magic or not.
I have to assume this is what Ryo was talking about, since if he wasn't at maximum magic/resonance there's nothing stopping him from going up to his maximum. It's just that the maximum doesn't get restored to 6+Initiation Grade.