Observations of the pharmacology of tamoxifen and related compounds have le
ad to the concept of selective estrogen receptor modulators (SERMs). This n
ew class of drug displays estrogen agonist or antagonist effects in a tissu
e-dependent manner and appears to offer an alternative to hormone replaceme
nt therapy for the prevention and treatment of osteoporosis and cardiovascu
lar disease in postmenopausal women. Moreover, the estrogen antagonist acti
ons of SERMs on breast tissue may also provide a protective effect against
breast cancer. Although tamoxifen therapy reduces plasma cholesterol levels
and maintains bone density, it is also associated with an increased risk o
f endometrial cancer, pulmonary embolism and deep vein thrombosis. This has
lead to the development of newer SERMs which will hopefully lack these adv
erse effects of tamoxifen. These compounds promise a new era of disease pre
vention in the aging woman and their therapeutic potential is currently bei
ng evaluated in large-scale clinical trials.