Xanax, the brand name for alprazolam, is a medication belonging to the benzodiazepine class. It is primarily used to manage anxiety disorders, including generalized anxiety disorder (GAD) and panic disorder. Xanax Effective for short-term relief of symptoms associated with anxiety. It is Commonly used to treat panic attacks and panic disorder. Alprazolam enhances the effects of GABA (gamma-aminobutyric acid), a neurotransmitter that inhibits brain activity, producing calming and anti-anxiety effects.