Alprazolam, sold under the trade name Xanax among others, is a short-acting benzodiazepine. It is most commonly used in short term management of anxiety disorders, specifically panic disorder or generalized anxiety disorder (GAD). Other uses include chemotherapy-induced nausea, together with other treatments. GAD improvement occurs generally. XANAX® XR Extended-Release Tablets. DESCRIPTION. XANAX XR Tablets contain alprazolam which is a triazolo analog of the 1,4 benzodiazepine class of central nervous system-active compounds. In addition to the relatively common (ie, greater than 1%) untoward events enumerated in the table above, the following adverse events have been reported in association with the use of Xanax: seizures, hallucinations, depersonalization, taste alterations, diplopia, elevated bilirubin, elevated hepatic enzymes, and jaundice. Xanax, a brand name for alprazolam, is a powerful benzodiazepine that is only recommended for use for up to six weeks. Despite that, American physicians continue to refill prescriptions at often alarming rates. Know the facts about Xanax and connect with help and support to keep your child safe. What is Xanax? Xanax (alprazolam) is a benzodiazepine medication that acts as a central nervous system depressant. Learn Xanax withdrawal symptoms, what to look for and how to treat withdrawal. Symptoms generally peak in severity within 1-4 days. Learn about Xanax (Alprazolam) may treat, uses, dosage, side effects, drug interactions, warnings, patient labeling, reviews, and related medications. The experience of Xanax detoxification (Xanax detox) and withdrawal is usually unpleasant, but is a necessary step that paves the way for long-term healing. Xanax (alprazolam) is a benzodiazepine medication used to treat anxiety and panic disorders. Includes side effects, interactions and safety information. Xanax is the brand name for alprazolam, a drug which helps people with anxiety and panic disorders manage their symptoms. Alprazolam and Xanax are classified as a benzodiazepine, which are psychoactive drugs that produce a calming effect for the brain and central nervous system.