Ketamine is a prescription medication that has been used as an anesthetic for decades. At lower doses, it can produce rapid antidepressant effects and changes in perception, attention, emotion, and one’s ordinary sense of self.Generic ketamine is FDA-approved as an anesthetic. Its use for depression and other psychiatric conditions is generally considered “off-label,” which is a common and lawful medical practice when clinically appropriate. Esketamine, marketed as Spravato, is a related medication with specific FDA-approved psychiatric indications.