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Medifast, Inc. · Owings Mills, MD United States ·(NYSE: MED)

Company Description

11445 Cronhill Dr.
Owings Mills, MD
21117
United States (Map)
Phone: 410-581-8042
Fax: 410-581-8070
    View Medifast, Inc. Locations On A US MapThis link will open in a new window
    Medifast is helping people slim down and shape up. The company develops, manufactures, and markets health and diet products under its Medifast brand name. The products, which are manufactured by Medifast subsidiary Jason Pharmaceuticals, include food and beverages (meal replacement shakes, bars), as well as disease management products for diabetics. Medifast sells its wares direct to consumers online and through doctor's offices. Its Take Shape for Life subsidiary distributes the products through a direct marketing and sales network of independent distributors (often people who have had success with Medifast) whom the company calls Health Coaches. To read the full description, subscribe now.
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    Key Medifast, Inc. Financials

    Company TypePublic - NYSE: MED

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$105.4
    2008 Employees290

    Medifast, Inc. Executives

    16 executives listed for Medifast, Inc.'s Owings Mills, MD location.
    TitleName & BioContact
    ChairmanBradley MacDonaldNetwork
    CEO, CFO, and DirectorMichael McDevittNetwork
    President, COO, and DirectorMargaret MacDonald-SheetzNetwork

    Competition

    Competitive Landscape for Medifast, Inc.
    Demand for nonalcoholic beverages is driven by consumer tastes and demographics. The profitability of individual companies depends on effective marketing. Large companies have economies of scale in production and distribution Small companies can compete by producing new products, catering to local tastes, or selling at lower prices. The industry is capital-intensive: average annual revenue per production worker is about $1 million. To read the full description, subscribe now.
    Top Medifast, Inc. Competitors
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