Type: Public
On the web: http://www.medifast.net
Employees: 507
Employee growth: 38.9%

Medifast is helping people slim down and shape up... fast. The company develops and markets health and diet products under the Medifast brand name. The products, which are manufactured by subsidiary Jason Pharmaceuticals, include food and beverages (meal replacement shakes, bars), as well as disease management products for diabetics. Medifast operates through three channels: The Medifast Direct segment is the direct-to-consumer part of the business through which consumers order Medifast products online; Take Shape for Life is Medifast's personal coaching division composed of independent contractor health coaches; and, its Weight Control Centers are Medifast's bricks-and-mortar walk-in clinics.

Key numbers for fiscal year ending December, 2010:
Sales: $257.6M
One year growth: 55.5%
Net income: $19.6M
Income growth: 63.9%

Officers:
Chairman: Bradley T. (Brad) MacDonald
CEO and Director: Michael S. McDevitt
President, COO, and Director: Margaret MacDonald-Sheetz

Competitors:
Herbalife Ltd.
Jenny Craig
Weight Watchers International

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