A
stent comprising a matrix and a
fiber reinforcement about which the matrix is chemically or mechanically attached. The matrix is provided with heavier loads of pharmaceutically active ingredients or
genetic materials as a result of the increased strength and mechanical characteristics provided to the
stent by the
fiber reinforcement. The
fiber reinforcement can be comprised of a plurality of mono-filament fibers spaced and oriented in a flat weave pattern to which the matrix is chemically or mechanically attached. Degradation rates of the materials that comprise the matrix and the
fiber reinforcement can be varied to vary the time period in which the
stent maintains its mechanical characteristics or releases the pharmaceutically active ingredients or
genetic materials therefrom. Multiple stage release profiles can be provided by providing multiple
layers of matrices and fiber reinforcements, whereby different pharmaceutically active ingredients or
genetic materials or different concentrations thereof, can be released according to the degradation profiles of the matrix and fiber reinforcment.