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Xalatan (generic: latanoprost) is a prescription eye drop used to treat an eye condition called glaucoma. It is also used to treat a condition called ocular hypertension (higher than normal pressure inside the eye), which can lead to glaucoma if not treated. Xalatan belongs to a group of drugs called prostaglandins. It is thought to work by increasing the amount of fluid that flows out of the eye in order to lower the pressure.