Metagenics News Release
San Clemente, Callfornia
July 10, 2000
Metagenics, Inc. and HealthComm International, Inc. announced today that a merger of the two companies is complete. Metagenics, Inc. is a leader in the professional nutrition marketplace, providing premium quality supplements and nutraceuticals to healthcare professionals. HealthComm International, Inc. is based in Gig Harbor, Washington, and is the developer of UltraBalance Medical Foods and is a leader in education for health professionals. HealthComm founder, Jeffrey S. Bland, Ph.D. is widely regarded as the founder of the field of functional medicine. The annual revenue of the newly combined company is $66 million.
The company will retain the Metagenics, Inc. name. Jeffrey J. Katke, chief executive officer, said, “By combining our efforts we become the largest company of our kind in the industry. We will continue to use our leadership role to improve health care and health for our customers, while also providing new opportunities for our employees.”
Metagenics corporate headquarters is located in San Clemente, California. Marketing, sales, and customer support will be based at this site. Metagenics Gig Harbor will focus on clinical research, product development, educational services, and manufacturing, and will be overseen by Jeffrey S. Bland, who will hold the title of president and chief science officer for Metagenics, Inc. Dr. Bland states, “The new company will be unique in the field as the first health sciences company specializing in functional medicine. We intend to expand our already extensive portfolio of proprietary products applied to the successful management of age-related, chronic health conditions.”
Co-leaders Katke and Bland forecast rapid growth for the company, which presently employs over 300 people. Enhancing this merger is the reorganization of five major independent distributors, who have now joined the parent company. “We have streamlined and centralized our distribution facilities, making support of the 70-plus person sales force easier and more effective, and are excited about expanding into new areas,” said Katke. Regional branch offices are located across the United States and Canada.