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Xanax, also known by its generic name alprazolam, is a prescription medication primarily used to treat anxiety disorders and panic disorders. As a benzodiazepine, Xanax works by enhancing the effects of gamma-aminobutyric acid (GABA), a neurotransmitter that inhibits brain activity. This results in a calming effect on the central nervous system, helping to alleviate symptoms of anxiety, nervousness, and panic attacks. Xanax is typically taken orally in tablet form and the dosage is adjusted based on the individual's condition and response to treatment. It's important to use Xanax only as prescribed and under the guidance of a healthcare professional, as it can be habit-forming and may cause withdrawal symptoms if discontinued abruptly.