In previous investigations Mg-10Dy (wt.%) alloy with a good combination of corrosion resistance and cytocompatibility showed a great potential for the use as biodegradable implant material. However, the mechanical properties of Mg-10Dy alloy are not satisfactory. In order to allow the tailoring of mechanical properties required for various medical applications, four Mg-10(Dy+Gd)-0.2Zr (wt.%) alloys were investigated with respect to microstructure, mechanical and corrosion properties.With the increase of Gd content, the amount of second phase particles increased in the as-cast alloys and the age hardening response increased at 200 °C. The yield strength increased while the ductility reduced especially for peak-aged alloys with the addition of Gd. Additionally, with increasing Gd content, the corrosion rate increased in the as-cast condition due to galvanic effect, but all the alloys have a similar corrosion rate (about 0.5 mm/year) in solution treated and aged condition.