The addictive properties of Valium does pose a risk of dependence for those that use the drug long-term. Side effects can include: memory loss, depression. Consumer information about the medication DIAZEPAM - ORAL (Valium), includes side effects, drug interactions, recommended dosages, and storage. Drug information on Valium (diazepam), includes drug pictures, side effects, drug interactions, directions for use, symptoms of overdose, and what to avoid. Diazepam valium mg-WAT, white, round. Consequently, after extended therapy, abrupt discontinuation should generally be avoided and a gradual dosage tapering schedule followed. Other treatments may be performed in more serious cases, but must be administered with caution. Users may experience effects, even fatal, seizures, side with medication anxiety, agitation, memory medicatoin, and exhaustion. Consult your pharmacist or local waste disposal company.