Estrogens are sex hormones essential for the development of female characteristics, primarily produced in the ovaries, liver, and play key roles in the menstrual cycle and pregnancy. Estrogen therapy is used for managing menopausal symptoms, contraception, and in certain medical conditions, while synthetic estrogens are well absorbed and distributed in the body. Common side effects include breast tenderness and increased cancer risks, with anti-estrogen drugs available for conditions like infertility and breast cancer.