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Nizonide 500 is an antiparasitic medication primarily used to treat certain parasitic infections, including cryptosporidiosis and giardiasis. It works by interfering with the energy metabolism of parasites, leading to their death and eventual elimination from the body. Nitazoxanide may also have antiviral and antibacterial properties, although its efficacy in treating viral and bacterial infections is less established.

It's important to use nitazoxanide only as prescribed by a healthcare professional, as misuse or overuse of the medication can lead to resistance and potential adverse effects.