Progynova (estradiol valerate tablets) is a hormone replacement therapy used to treat menopausal symptoms and prevent osteoporosis in postmenopausal women. It has several contraindications, including a history of breast cancer and acute thromboembolic disorders, and associated risks such as increased cardiovascular events and certain cancers. Side effects may include breast tenderness, changes in mood, and visual disturbances, with serious conditions requiring immediate medical attention.