Steroids like prednisone or prednisolone are hormones naturally produced by the body. However, they can be used medically to treat a variety of conditions. Prednisone for dogs may be used for inflammation, pain, allergies, and even cancer therapies. But, like most medications, the risks and benefits must be weighed before use. What is prednisone used for in dogs? Prednisone is a prescription steroid used to treat a broad range of conditions in dogs. Many veterinarians prescribe the use of prednisone for dogs as an anti-inflammatory and immune suppressant. Due to these properties of prednisone in dogs, the drug is highly effective at treating conditions such as: ju27sA.