In the present study, an antibacterial biomedical magnesium (Mg) alloy with a low biodegradation rate was designed, and ZK30-0.2Cu-xMn (x = 0, 0.4, 0.8, 1.2, and 1.6 wt%) was produced by selective laser melting, which is a widely applied laser powder bed fusion additive manufacturing technology. Alloying with Mn evidently influenced the grain size, hardness, and biodegradation behavior. On the other hand, increasing Mn content to 0.8 wt% resulted in a decrease of biodegradation rate which is attributed to the decreased grain size and relatively protective surface layer of manganese oxide. Higher Mn contents increased the biodegradation rate attributed to the presence of the Mn-rich particles. Taken together, ZK30-0.2Cu-0.8Mn exhibited the lowest biodegradation rate, strong antibacterial performance, and good cytocompatibility.