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Finasteride is used in the treatment of hair loss. It treats early forms of male pattern hair loss (also known as androgenetic alopecia).How Finasteride worksFinasteride is a 5-alpha reductase inhibitor. It blocks the body's production of a male hormone in the scalp that stops hair growth, thereby reversing the balding process and preventing further hair loss.Common side effects of FinasterideDecreased libido, Decreased semen volume, Impotence