Bioactive glasses not only can bond to hard tissues of the body, are also able to release ions that have stimulatory effects on cells and so are regarded as promising candidate materials for gene activating purposes in tissue engineering applications. In this research the effect of co-substitution of Magnesium and Zinc for Calcium on bioactivity of binary sol-gel derived glass 70S30C (70 mol. % SiO2, 30 mol. % CaO) was investigated. Calcium phosphates forming ability tests and investigation of glass degradation products in simulated body fluid (SBF) were performed as follows.After sol-gel synthesis of glass powders of comparable and under 38 μm particle size distributions, their state of being amorphous was investigated using X-ray diffraction. Then for in vitro investigation of bioactivity, ion release, pH change and Calcium phosphate formation during immersion of glass powders in SBF at 37 ͦ C up to 2 weeks were studied. Infrared spectroscopy was performed on the reacted glass powders.Results indicate that substitution of Zinc for Calcium suppresses crystalline apatite formation more effectively than substitution of Magnesium for Calcium and help us design modified compositions of magnesium and zinc containing bioactive glasses that can find applications in bone and also cartillage tissue engineering.