Xanax 1mg is a prescribed medicine for anxiety and panic disorder. The doctor recommends taking this medicine only as prescribed. The generic name of Xanax 1mgh is Alprazolam, and it belongs to the benzodiazepines drug category. Medical professionals recommend Xanax 1mg to the age group of 18 years to 65 years. Alprazolam is classified as a Schedule 4 controlled substance under the Controlled Substance Act (CSA).