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- Medifast abstract "Medifast, Inc. (NYSE: MED) is an American nutrition and weight loss company based in Owings Mills, Maryland. The company owns five subsidiaries: Jason Pharmaceuticals, Inc. (Jason), Take Shape for Life, Inc. (TSFL), Jason Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC. Medifast produces, distributes, and sells weight management and disease management products, including the Medifast weight-loss program. The company is public with a 2012 market capitalization of $250 million.Medifast, Inc. was founded by William Vitale, M.D. in 1980. His products were sold directly to doctors, who in turn prescribed them to their patients.The products are now available directly to consumers, and the company is publicly traded on the New York Stock Exchange (symbol: MED).In October 2010, Medifast was named the #1 Small Company in America by Forbes Magazine in the list of "America's 100 Best Small Companies." This was the third consecutive year that Forbes has recognized Medifast, which advanced to number 16 on the list in 2009, compared to number 85 in 2008.,In September 2012, Medifast's subsidiary, Jason Pharmaceuticals, paid a $3.7 million USD civil penalty as part of a consent decree with the United States Department of Justice and the Federal Trade Commission. The government agencies said that advertisements for the "Medifast 5 & 1 Plan" low-calorie diet told consumers they could "lose up to 2-5 pounds per week.", and that these weight-loss claims did not have a reasonable basis of support in scientific evidence.".
- Medifast foundingYear "1980".
- Medifast keyPerson Weight_loss.
- Medifast locationCity Maryland.
- Medifast locationCity Owings_Mills,_Maryland.
- Medifast locationCountry United_States.
- Medifast netIncome "1.196E7".
- Medifast numberOfEmployees "365".
- Medifast operatingIncome "1.937E7".
- Medifast revenue "1.6562E8".
- Medifast type Public_company.
- Medifast wikiPageExternalLink www.medifast1.com.
- Medifast wikiPageExternalLink www.medifast1.com.
- Medifast wikiPageID "10075454".
- Medifast wikiPageRevisionID "564119522".
- Medifast companyName "Medifast, Inc.".
- Medifast companySlogan "easy, fast...".
- Medifast companyType Public_company.
- Medifast foundation "1980".
- Medifast hasPhotoCollection Medifast.
- Medifast homepage www.medifast1.com.
- Medifast keyPeople "Michael C. MacDonald, Chairman and CEO".
- Medifast keyPeople "industry = Weight loss".
- Medifast locationCity Maryland.
- Medifast locationCity Owings_Mills,_Maryland.
- Medifast locationCountry United_States.
- Medifast netIncome "$11.96 million USD".
- Medifast numEmployees "365".
- Medifast operatingIncome "$19.37 million USD".
- Medifast products "Medifast diet".
- Medifast revenue "$165.62 million USD".
- Medifast subject Category:Companies_based_in_Baltimore_County,_Maryland.
- Medifast subject Category:Companies_listed_on_the_New_York_Stock_Exchange.
- Medifast subject Category:Low-carb_diets.
- Medifast type Abstraction100002137.
- Medifast type CompaniesBasedInBaltimoreCounty,Maryland.
- Medifast type Company108058098.
- Medifast type Group100031264.
- Medifast type Institution108053576.
- Medifast type Organization108008335.
- Medifast type SocialGroup107950920.
- Medifast type YagoLegalActor.
- Medifast type YagoLegalActorGeo.
- Medifast type YagoPermanentlyLocatedEntity.
- Medifast type Agent.
- Medifast type Company.
- Medifast type Organisation.
- Medifast type Organization.
- Medifast type Business.
- Medifast type Agent.
- Medifast type SocialPerson.
- Medifast type Thing.
- Medifast comment "Medifast, Inc. (NYSE: MED) is an American nutrition and weight loss company based in Owings Mills, Maryland. The company owns five subsidiaries: Jason Pharmaceuticals, Inc. (Jason), Take Shape for Life, Inc. (TSFL), Jason Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC. Medifast produces, distributes, and sells weight management and disease management products, including the Medifast weight-loss program.".
- Medifast label "Medifast".
- Medifast sameAs m.02q0_3y.
- Medifast sameAs Q6806861.
- Medifast sameAs Q6806861.
- Medifast sameAs Medifast.
- Medifast wasDerivedFrom Medifast?oldid=564119522.
- Medifast homepage www.medifast1.com.
- Medifast isPrimaryTopicOf Medifast.
- Medifast name "Medifast, Inc.".