Medifast weight loss

Medifast, Inc. (NYSE: MED) is a Diet food company based out of Owings Mills, Maryland, USA and owns five subsidiaries: Jason Pharmaceuticals, Inc. (Jason), Take Shape for Life, Inc. (TSFL), Jason Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC.. Most of Medifast's operations are through two subsidiaries, Jason Pharmaceuticals, Inc. and Take Shape for Life, Inc. Medifast produces, distributes, and sells weight management and disease management products, including the Medifast Diet.

History

Jason Pharmaceuticals was founded by William Vitale, MD in 1980.

Businesses

Jason Pharmaceuticals

Jason Pharmaceuticals, Inc., produces over 80% of the Medifast products in a new food and pharmaceutical-grade 3.4 million USD plant in Owings Mills, Maryland. Additional shifts are planned to increase capacity and improve sales by approximately 250 million USD.

Take Shape For Lif

Take Shape For Life is a network of weight-loss centers that focus on a triad of health: mind, body, and finances. Franchisees are trained as coaches to assist customers in participating in the Medifast Diet weight-loss program.

Take Shape for Life is a wholly owned subsidiary of Medifast, Inc. It is well capitalized, strong financially, and owns and controls its own FDA inspected manufacturing facilities, as well as significant warehousing and distribution facilities. [[ Wayne Andersen, M.D.]] is the chief architect and co-founder ofTake Shape for Life.