Prednisolone is used for treating leukemia, lymphomas and autoimmune hemolytic anemia. Steroid medication can weaken your immune system, making it easier for you to get an infection. Prednisone and Prednisolone are members of the glucocorticoid class of hormones. Prednisolone is used for treating allergies, arthritis, breathing problems, certain blood disorders, certain eye diseases, cancer or psoriasis. Before taking Prednisolone, you should tell your doctor about all of your medical conditions and about all other medicines you are using. Prednisone is inactive in the body. Prednisolone is a corticosteroid medicine.