Oxycodone is used for managing moderate to moderately severe acute or chronic pain. It has been found to improve the quality of life for those with many types of pain. It is also used in the management of moderate to severe cancer pain. The controlled release form is a valid alternative to morphine and a first-line treatment for cancer pain. Oxycodone, like other opioid analgesics, tends to induce feelings of euphoria, relaxation and reduced anxiety in those who are occasional users.