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In Brief: Medical Foods

This article was originally published in The Tan Sheet

Executive Summary

Medical Foods: Company planning to launch a medical food for people with attention deficit disorder who are being treated with a psychostimulant, which causes appetite suppression and weight loss. The product, Medical Foods' second, is expected to be on the market by the end of the year. The Cambridge, Mass.-based firm sells NiteBite Timed-release Glucose Bars for people with insulin-dependent diabetes to reduce the risk of nighttime hypoglycemia ("The Tan Sheet" Aug. 26, 1996, p. 12). NiteBite sales are projected to reach $1 mil. in 1997. Medical Foods recently obtained $8.8 mil. in financing for the company...
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