Thank you for the excellent question. Finasteride is very effective. According to the American Academy of Dermatology, Propecia or generic finasteride slows hair loss in 88% of men. It stimulates regrowth in about 66% of men as well.
Finasteride can cause certain side effects, some of which are more common than others. These side effects may be temporary, lasting a few days to weeks. However, if the side effects last longer than that, bother you, or become severe, be sure to talk with your doctor or pharmacist.
These are just a few of the more common side effects reported by people who took finasteride in clinical trials: ejaculation problems, breast tenderness, rash, decreased libido* (sex drive), and erectile dysfunction. A 2017 study of 3177 men showed a 0.7% incidence of side effects while the hair growth continued to improve with negligible problems.