Micro Cap Company Approaches 52-Week High Following Healthcare Apparel Deal

2025-09-29 12:22:00 ET

As broader markets continue to climb despite ongoing concerns, new 52-week highs are becoming increasingly common. One consumer apparel company is approaching its own 52-week high following the announcement of a license agreement with a trusted healthcare brand.

As mentioned, shares of iFabric Corp. (TSX: IFA) (OTCQX: IFABF) are on the move higher as the company announced that its wholly owned subsidiary, Intelligent Fabric Technologies (North America) Inc. (IFTNA), has signed a license agreement with Mercury Athletics LLC, the owner of the Doctor’s Choice® brand, to design, manufacture, and market scrubs and medical apparel under the Doctor’s Choice name. The new program will feature multiple IFTNA textile technologies, including PROTX2®, targeting healthcare professionals across relevant end-user categories and sales channels. This partnership leverages Doctor’s Choice’s established reputation for diabetic and compression socks, known for comfort and foot health, and extends the brand into the broader medical apparel market.

Under the agreement, IFTNA will produce Doctor’s Choice branded scrub tops and pants for professional healthcare channels. While additional product details, timelines, and retail partners are still being finalized, the collaboration strengthens the existing product-technology relationship and positions the company to bring next-generation medical apparel to healthcare providers.

"Doctor's Choice is all about practical wellness-solutions that feel great and perform when it matters most. We're thrilled to bring that promise into scrubs, with IFTNA's technologies at the core," said Ty Schultz, President of Mercury Athletics LLC. "We couldn't ask for a better partner to help us deliver comfort and infection-prevention performance to consumers," concluded Mr. Schultz.

"This partnership unites a trusted healthcare brand with field-proven textile science," said Giancarlo Beevis," President & CEO of IFTNA. "With PROTX2® and our broader platform of advanced fabric finishes, these scrubs represent the next generation of infection-prevention tools-truly the doctors' choice… and nurses' and dentists', too," concluded Mr. Beevis.

Shares of IFA are currently up 7.63% at $1.27, while U.S. listed shares (IFABF) are up 5.23% at $0.896 in late-morning trading.

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