Ibandronate (BONIVA®) belongs to the class of drugs called bisphosphonates. It changes the bone formation cycle and the breakdown of body within the body. Regular use of ibandronate (BONIVA®) can reduce the rate of bone loss while building up healthy bone mass. It is prescribed to women to treat osteoporosis or as a preventative medication when they are post-menopause and more likely to develop the condition.