Medifast
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 Medifast facts

• is an American nutrition and weight loss company based in Owings Mills, Maryland
• The company owns five subsidiaries: Jason Pharmaceuticals, Inc
• (Jason), Take Shape for Life, Inc
• (TSFL), Jason Enterprises, Inc
• , Jason Properties, LLC and Seven Crondall, LLC
• Medifast produces, distributes, and sells weight loss and other health-related products through websites, multi-level marketing, telemarketing, franchised weight loss clinics, and medical professionals
• The company is public with a market capitalization of $405 million, as of October 2014
• Medifast was founded in 1980 by William Vitale, a medical doctor
• His products were sold directly to other doctors, who in turn prescribed them to their patients
• The company is publicly traded on the New York Stock Exchange (symbol: MED)