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Viagra ads target women for 1st time

LINDA A. JOHNSON
AP Business Writer

TRENTON, N.J. (AP) — The maker of the world’s top-selling erectile dysfunction drug on Tuesday will begin airing the first Viagra TV commercial that targets the less-obvious sufferers of the sexual condition: women.

In the new 60-second ad, a middle-aged woman reclining on a bed in a tropical setting addresses the problems couples encounter when a man is impotent.

“So guys, it’s just you and your honey. The setting is perfect. But then erectile dysfunction happens again,” she says before encouraging men to ask their doctor about Viagra. “Plenty of guys have this issue — not just getting an erection, but keeping it.”

Having a woman speak directly to men about impotence is a unique strategy for Pfizer Inc. The world’s second-biggest drugmaker is looking for ways to boost sales of Viagra, Pfizer’s No. 6 seller, at a time when it is encountering new competition.

Viagra has faced competition from cheaper generic versions in Europe since its patent expired there 15 months ago. Sales fell 8 percent last year, to $1.9 billion. And in three years, Viagra will get generic competition in the U.S., where it costs about $35 a pill. Meanwhile, new competitor Stendra just got approved.

Patents give a drug a monopoly, generally for 20 years. But when those patents expire, cheaper generic versions flood the market, often wiping out most of the brand-name drug’s sales within a year.

Pfizer has seen generic competition for several of its other drugs cut revenue by billions, so it is hoping to stem the revenue losses for Viagra.

The market for ED drugs is big. About half of men over 40 suffer from ED, occasionally or always, yet only 10 percent take medicine regularly, said Dr. Irwin Goldstein, who directs the San Diego Sexual Medicine center and has researched sexual disorders for decades.

Having a woman in ads makes sense because women often are more upset by ED than their man, he said. They often lose interest in sex and even find it painful, said Goldstein, who has done patient testing of multiple ED pills and received consulting fees from their makers.

He said men generally dislike going to doctors, and when older ones do, they often linger as the doctor finishes, shifting from one foot to the other in what doctors call “the Viagra shuffle.” Doctors then ask if the man wants Viagra, he said.

Executives at New York-based Pfizer hope the new ad campaign, which includes print ads in publications such as Esquire and Time, will nudge women to broach the subject with their mates. In the ad, the actress also uses the word “erection,” instead of the industry euphemism, “ED.”

Pfizer’s marketing chief, Vic Clavelli, told The Associated Press that the company is trying to take a more direct approach in ads, unlike past ones “built around very subtle innuendo.”

Until now, women have been absent or played background roles in the many ads for ED drugs since the first, Viagra, was launched in 1998. Viagra gave men an alternative to penile suppositories, surgery and injections, and 50 million worldwide have since taken it.

Ads for rival Cialis have featured couples getting frisky during everyday activities, then lounging in his-and-hers bathtubs. Viagra ads typically show middle-aged men doing things such as construction work and deep-sea fishing.

“It’s definitely a unique strategy that could work,” said Edward Jones health care analyst Ashtyn Evans. “The more people they can get loyal to their brand, the better.”

But some question whether the ad, which is slated to appear on shows including “CSI,” ”Blue Bloods” and “48 Hours,” will build loyalty.

“I’m not sure it will result in more sales,” said Les Funtleyder, health care portfolio manager at Esquared Asset Management.

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Viagra commercial: http://www.viagra.com/viagra-tv-commercial.aspx

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Follow Linda A. Johnson at www.twitter.com/LindaJ_onPharma

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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