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  September 5, 2001
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Home > Company Index > Drugs > Vitamins, Nutritional & Other Health Related Products > Medifast, Inc.

Medifast, Inc.
Nasdaq: MDFT
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 PROFILE
Medifast (formerly HealthRite) is looking leaner these days, and so can you. The company has shut down its Montana Naturals subsidiary and now focuses only on developing, manufacturing, and marketing health and diet products under its Medifast brand name. Manufactured by subsidiary Jason Pharmaceuticals, Medifast is a high-protein meal substitute sold through physicians. The Medifast Take Shape product line will be marketed through drug wholesalers, the Internet, and diet centers. Medifastdiet.com is a venture into the e-commerce arena as a business-to-business provider of corporate wellness weight management programs. Chairman and CEO Bradley McDonald owns more than a quarter of the company.

 COMPETITION
General Nutrition Companies, Inc. (dossier)
Nature's Sunshine Products, Inc. (NATR)
Rexall Sundown, Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3.90
1-Yr. Sales Growth: (16.2)%
Employees: 35
Revenue per employee: $111,428.57

 KEY PEOPLE
• Bradley T. MacDonald
    CEO

 CONTACT INFO
11445 Cronhill Dr.
Owings Mills, MD 21117
US
Phone: 410-581-8042
Fax: 410-581-8070
Online: Web Site

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