45S5 bioactive glass (BG) based multilayer coatings on stainless steel were produced by a combination of electrophoretic deposition (EPD) and layer-by-layer (LbL) deposition. The properties of the multilayer coating were tested with different characterization methods including SEM, FTIR, XRD, laser profilometer and water contact angle measurements. Degradation and in-vitro bioactivity behaviors were tested in simulated body fluid (SBF) over different time periods. The decomposition of the coating was inhibited and the hydroxyapatite (HA) formation after short immersion period (0.5d) was confirmed. At the same time, levofloxacin, used as a model antibiotic, was incorporated into the multilayer structure for antibacterial purpose.