Xanax is a benzodiazepine medication used to treat panic and anxiety disorders, and sometimes prescribed off-label to treat depression. However, it can cause side effects such as drowsiness, dizziness, dysarthria (slurred or slow speech), headache, memory impairment, and depression. Other possible side effects include decreased appetite, decreased interest in sexual intercourse, and decreased sexual performance or desire. Prolonged use of Xanax can lead to dependence, addiction, and serious withdrawal effects. Xanax can interact negatively with other medications, and it can be harmful to older adults, pregnant women, and developing fetuses. Healthcare professionals should closely monitor patients taking Xanax and carefully consider the potential risks and benefits before prescribing it. If any of these side effects persist or worsen, it is important to inform a doctor or healthcare provider.