Neotrexate tablets contain the active ingredient methotrexate, which is used to treat various cancers and inflammatory conditions like rheumatoid arthritis and psoriasis. It works by suppressing the immune system. Common side effects include nausea, vomiting, and mouth sores. Methotrexate can cause serious side effects affecting the blood, liver, lungs and skin. It is contraindicated in pregnancy due to risk of fetal harm and death.