The effects of progesterone hydroxylation on silicone matrix drug release kinetics and thermodynamics were investigated. Hydroxylation at positions 11, 17, and/or 21 substantially reduced progesterone release. The magnitude of this reduction depended on the number and position of the hydroxy groups and could be attributed to decreased polymer matrix diffusivity (Dm) and polymer solubility (Cp). Thermodynamically, hydroxy group addition to positions 11 and/or 21 reduced the activation energy for matrix diffusion (Ed,m) but increased the solvation energy for dissolution in silicone polymer (ΔHT,m) Adding an hydroxy group to position 17 increased the Ed,m but decreased the ΔHT,m. The overall (Ed,m + ΔHT,m) values were relatively constant and independent of hydroxylation. Copyright © 1979 Wiley‐Liss, Inc., A Wiley Company