Company description

MED, also known as Medifast Inc., is a health and wellness company that focuses on providing weight management and healthy living solutions to its customers. Founded in 1980, the company has grown to become a leading player in the industry with a diverse product portfolio that includes meal replacements, snacks, supplements, and coaching services. Their flagship brand, Medifast, offers a clinically proven meal plan that has helped millions of individuals achieve their weight loss goals. The company operates through its multiple channels, including direct-to-consumer, e-commerce, and franchise locations. Additionally, MED has expanded its reach globally and currently operates in the US, Canada, Hong Kong, Singapore, and Australia. With a strong commitment to innovation and research, MED continues to develop new and effective products to cater to the evolving needs of its customers. Through its mission of "Lifelong Transformation, One Healthy Habit at a Time", the company strives to empower people to live healthier and fuller lives. With a solid financial performance and a dedicated team, MED is poised for continued growth and success in the years to come.