L-glutamate is one of the major neurotransmitters in the CNS, directly and indirectly involved in numerous brain functions. In several neurodegenerative diseases, it has been observed that an excess of extracellular glutamate overstimulates glutamate receptors, leading to exacerbated neuronal excitation in a process of excitotoxicity and oxidative damage that promotes neuronal death. A number of L-glutamate transporters have been identified in the membrane of neurons and astrocytes. They are responsible for the reuptake of glutamate released into the synaptic cleft after excitatory neurotransmission concomitantly regulating the extracellular concentration of glutamate, protecting neurons from its excitotoxic action. Among all of them, literature highlights Glutamate Transporter 1, known as Excitatory Amino Acid Transporter type 2 (EAAT2) in humans and Glutamate Transporter type 1 (GLT-1) in rodents, also known as solute carrier family 1 member 2 (SLC1A2). It is the predominant glutamate transporter in the brain and ensures the majority of L-glutamate reuptake. Decreased expression of this transporter along with increased levels of oxidative stress have been observed in several chronic and acute neurodegenerative disorders. For this reason, the use of drugs capable of both, increasing the expression of Glutamate Transporter 1 and mitigating oxidative damage, has been proposed as an effective therapeutic strategy for these pathologies. We present in this work an overview of the main drugs displaying such a double effect.