Disclosed is a composition, which may be melt extrudable, comprising polyvinylpyrrolidone-iodine complex in at least one polymer. Also disclosed is a process for preparing the composition or shaped articles, including films, made therefrom. The composition can be extruded, blown film extruded, or molded into films, fibers, tubing, and shaped articles thermoformed or molded shapes, including containers, usable, for instance, as catheters, in delivery systems for drugs and nutrients, specimen containers, or surgical devices.