Medifast: Making Dieting Easier and Fast

Doctor William Vitale is the man behind the creation of Medifast, Inc., an American venture that is focused on nutrition and weight loss. With a market capitalization of more than $250 million, the company publicly trades on the New York Stock Exchange (MED).

Starting out by selling his products directly to doctors, Medifast, Inc. now has five subsidiaries that market its Medifast diet products. In addition, the company has their own disease management products on top of their weight management programs. The five businesses include Jason Properties, LLC, Seven Crondall, LLC, Take Shape for Life, Inc., Jason Enterprises, Inc. and Jason Pharmaceuticals, Inc. Named by Forbes Magazine as America’s #1 Small Company, the business now markets its products directly to its customers.

Medifast is headquartered in Owings Mills, Maryland. The company has over 360 employees and generates an annual revenue of more than $165.62 million. It continues to operate under the slogan “easy, fast…”.