Natural (human) and experimental (mouse) models of estrogen insufficiency h
ave revealed hitherto unexpected roles for estrogens in both males and fema
les. In postmenopausal women, and in men, estrogen no longer has a major ro
le as a circulating hormone, but rather it functions locally as a paracrine
or even 'intracrine' factor in tissue sites where it is formed. As a conse
quence, the tissue-specific nature of aromatase production assumes physiolo
gical and pathophysiological significance. The availability of circulating
precursors is also important in sites where there is no local supply of C-1
9 precursors, particularly in elderly women. The potential clinical signifi
cance of these findings in terms of the development of new therapeutic moda
lities is discussed.