Xanax is an antidepressant that's prescribed to treat a range of conditions. It's in the same category of benzodiazepine medicines like Valium and Klonopin. Do not take Xanax in conjunction with a physician or psychiatrist. It is due to the fact that they could cause serious harm if they are misused. Xanax contains alprazolam it is a sedative used to alleviate anxiety and tension. It can also help alleviate the symptoms of panic disorder and depression. ...