Compound 99/373 is antiresorptive agent would be useful for osteoporosis that commences after menopause, aging and other estrogen deficiency states, Compound has no/negligible estrogenic profile (Uterotrophic side effect) on genital tract tissue, Compound has low thrombogenic activity in comparison to known drug (Raloxifene)Completed preclinical studies and Permission for conducting phase I Clinical trial has been obtained from DCGI