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Qsymia sales for the first quarter were weighed down by continued reluctance of insurers to reimburse obesity treatments and the drug’s retail unavailability. Net product revenue, reflecting sales of Qsymia, doubled to $4.1 million from $2 million in the preceding quarter, but missed analysts’ estimate of $5.2 million. Despite the rising sales of the pill, […]

According to management: “Our ongoing efforts to execute on our strategic goals enabled us to generate results ahead of our expectations with first quarter earnings per share 48% higher than the prior year period,” commented Michael C. MacDonald, Medifast’s Chairman and Chief Executive Officer. “For the remainder of 2013, we remain optimistic that our profitable

According to Dr. Michael Dansinger, a nutrition expert at Tufts Medical Center, said having less freedom in choosing meals seems to help people meet their dieting goals. In a head-to-head comparison with a traditional diet, people who stuck to a diet of portion-controlled packaged foods lost almost twice as much weight as those who only

Following are financial highlights for the quarter ended March 31, 2013: Global engagement as measured by paid weeks up 1.4% versus the prior year period Internet revenues of $140.8 million, up 10.9% versus the prior year period, with Online paid weeks up 10.3% and end of period active Online subscribers up 6.2% versus the prior

On April 16, the FDA approved a modification of VIVUS’ Risk Evaluation and Mitigation Strategy (REMS), to allow sales of the Rx obesity drug Qsymia in retail pharmacies. REMS are established by the FDA when drugs are potentially harmful. Initially, the FDA told VIVUS that it would only be able to sell Qsymia at mail

March 2103 420 Pages 160 tables 30+ Company Profiles Marketdata today released the 12 edition of this incisive analysis of ALL 10 segments of the weight loss market. Some Major Findings: – Growth of the total market slowed to just 1.7% last year, to $61.6 billion, as most market segments were flat or saw minimal

Since 2005, Marketdata, via the online weight loss survey provided at its website BestDietForMe.com, has tracked 110 online dieter metrics. This gives us an insight to what dieters prefer, online and off-line. Our latest report, for Q1 2013 has recently been released. It is 78 pages long and costs $595 (price just recently reduced). An

Gaiam, Inc., a leading distributor of lifestyle media, fitness and self-improvement products, recently announced the launch of Richard Simmons’ all new at-home fitness program called Project H.O.P.E. – Health, Optimism, Passion, and Energy. Available exclusively through television and online, the new comprehensive 90-day weight loss system features a combination of an effective workout routine, a

A judge on Monday march 11 invalidated New York City’s plan to ban large sugary drinks from restaurants and other eateries, one day before the new law was to take effect. State Supreme Court Justice Milton Tingling in Manhattan ruled the new regulation was “arbitrary and capricious” and declared it invalid, after the American Beverage

Do dieters really need or want weight loss “counselors” (coaches, consultants, group leaders) today? That’s a question we at Marketdata have been pondering lately. All the evidence seems to support the theory that weight loss counselors in general are not adequately trained to serve client needs, they are underpaid, they have high turnover and frequently,