Prednisone is a steroid used to treat inflammatory bowel disease (IBD) and other conditions. Here you'll find a list of prednisone side effects. Prednisone is used to treat allergic disorders, ulcerative colitis, psoriasis and arthritis. Learn about side effects, interactions and indications. Learn about the potential side effects of prednisone. Includes common and rare side effects information for consumers and healthcare professionals. Side Effects. Drug information provided by: IBM Micromedex. Along with its needed effects, a medicine may cause some unwanted effects. Although not all of these side effects may occur, if they do occur they may need medical attention. Side effects of Prednisone in dogs! Prednisone for cough. Visit our online store. A Canadian Pharmacy offering discounts on cheap prescriptions medications. 24/7 Online support. Official Online Drugstore. Prednisone (Sterapred) is a prescription corticosteroid, a man-made form of steroids that the body normally produces to fight illnesses and injuries. All, I've felt quite short of breath since being on the prednisone. I have always been a fit person and it worried me. I read that prednisone can cause shortness of breath, palpitations, slow or fast heartbeats, etc. Dyspnea (Shortness of Breath) chemotherapy side effect, causes, symptom management and when to contact your healthcare provider during cancer treatment. Prednisone (Prednisone Intensol, Rayos) is a drug used for suppressing the immune system and inflammation such as asthma, severe psoriasis, lupus, ulcerative colitis, Crohn's disease, and several types of arthritis. Side effects, drug interactions, dosage, and pregnancy and breastfeeding safety information are provided. How to Recognize Side-Effects From Prednisone. Prednisone is a type of medication that is termed a steroid. It is an anti-inflammatory, meaning that it prevents the body from producing substances that cause inflammation. There are possible side effects with Prednisone use.