This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

First International Medifast Weight-Control Center Opens In Mexico City

Stock quotes in this article: MED

OWINGS MILLS, Md., Sept. 24, 2013 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven, portion-controlled weight-loss products and programs, announced today the opening of the first international Medifast Weight Control Center in Mexico City. Medifast's partnership with Medix, a leader in pharmaceutical obesity products, provides the opportunity to expand distribution of Medifast products throughout Mexico, Central America and South America.

(Photo: http://photos.prnewswire.com/prnh/20130924/PH85349 )

(Logo: http://photos.prnewswire.com/prnh/20120613/NE24271LOGO-b )

The Mexico City Medifast Weight Control Center hosted a widely attended grand opening on September 19, 2013. It is the first of approximately 30 Centers Medix plans to open over the next several years and complements the plans already underway to distribute Medifast products throughout the Medix physician base.

"Just this year, Mexico surpassed the United States in levels of adult obesity. The partnership between Medifast and Medix will help us reach the significant number of adults in Mexico, Central America and South America who are overweight or obese," said Michael MacDonald, Chairman and Chief Executive Officer, Medifast, Inc. "We are excited to work with Medix in opening the first of many Centers that will offer Medifast products and programs."

"For the treatment of obesity, it is necessary to take an integrated approach," said Carlos Lopez Patan, Medix Chief Executive Officer. "The Medifast program offers individuals the ability to acquire healthier eating habits in combination with physical activity and the support of specialists, and this combination helps people reach their ideal weight."

Medifast products and programs have been recommended by more than 20,000 doctors since 1980. Medifast provides clinically proven plans designed not only to help members lose weight, but to learn how to keep it off long term.   

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,723.50 -81.21 -0.48%
S&P 500 1,932.82 -13.34 -0.69%
NASDAQ 4,386.9370 -35.1480 -0.79%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs