Though sometimes this seems to be true, it is not generally the case. Even at the same weight as a man, women metabolize alcohol at a slower rate. Finally, a woman's body contains less water than a man's. Therefore, alcohol is diluted less in a woman's body. I've heard of everything from chewing on a couple of Gravols to drinking a pot of coffee.
Truth be known, once alcohol is in the body, it's there to party.
Men can metabolize about one drink per hour whereas women may take up to two hours. In most cases, miracle cures end up being catastrophe makers. For instance, taking a drug such a Gravol will only impede the body's natural defences against alcohol. Giving a person a cold shower will only result in a wet drunk - not to mention smaller problems for men. Then there is my favourite of giving a drunk person coffee.