The present invention consists of an implantable structural element for invivo delivery of bioactive active agents to a situs in a body. The implantablestructural element may be configured as an implantable prosthesis, such as anendoluminal stent, cardiac valve, osteal implant or the like, which serves adual function of being prosthetic and a carrier for a bioactive agent.Alternatively, the implantable structural element may simply be an implantablearticle that serves the single function of acting as a time-release carrierfor the bioactive agent.