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Fluoxetine Fluoxetine capsules or tablets What do fluoxetine capsules or tablets do?FLUOXETINE (Prozac(R)) is an antidepressant. It helps improve a person’s mood. Fluoxetine can also help people with obsessive compulsive disorder, eating disorders, panic disorder, post-traumatic stress. Fluoxetine is marketed as Sarafem(R) for the treatment of premenstrual dysphoric disorder (PMDD), a severe type of premenstrual syndrome. Generics are available for fluoxetine. P> What should my health care professional know before I take fluoxetine?They need to know if you have any of these conditions: