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Bringing Clinician's Inventions to Market by

DE-RISKING MEDICAL INNOVATION

ELEVATING HEALTHCARE INNOVATIONS TOGETHER

Our Vision

Fairmount Medical Innovation (FMI) specializes in connecting clinician-led innovations to market-ready medical devices, focusing on Class I and II products. We utilize a structured, milestone-driven approach to facilitate effective development and strategic acquisition, catering to the needs of Strategic Scaler/MedTech Suppliers, Investors, and Tech Transfer Offices alike.

We partner with universities and academic medical centers to access early stage medical device innovations.

INNOVATION PIPELINE

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D.A.R.E.E.  PROCESS

a repeatable funnel ensuring predictability and capital protection

Assess

Refine

Execute

Fill in any information gaps and confirm critical information identified during Discovery.  Develop regulatory plan.  Apply stage gate evaluation to select the best of the best.

Exclusive Option stage. Complete formal due diligence items and do any preliminary engineering, prototyping, & testing required to identify the Exit and secure the Capital.

Exclusive License stage. Deploy capital for commercialization launch including production engineering, manufacturing setup, regulatory filing, and clinical evidence building.

Discover

Screen invention flow from tech transfer institutions with our proprietary COMPASS tool.

Exit

Structured monetization. Acquisition, licensing, or hybrid. Proceeds distributed to equity holders. FMI capital recycled to next device.

CORE VALUES

Integrity & Ethics

At FMI, we always do what’s right for clinicians, patients, and partners..

Surgical Team in Action
Surgical Team in Action

Execution Excellence

We turn ideas into reality through disciplined commercialization.

Collaboration

We build open, cooperative relationships across tech transfer, suppliers, and investors.

Scientists Collaborating in Laboratory
Emergency hospital transport
Emergency hospital transport

Innovation with Purpose

We focus on practical, life-improving medical devices that solve real clinical problems.

Ownership & Accountability

Every team member takes initiative and delivers results that matter.

Team

Dedication. Expertise. Passion.

Our Team combines clinical insight, engineering expertise, and commercialization experience to turn promising medical inventions into market-ready devices. Led by proven executives, inventors, and strategists, Fairmount Medical Innovation unites the disciplines of medicine, business, and technology to deliver solutions that improve care and create value for our partners.

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CEO

Mike Bass

440-821-5777

  • LinkedIn

Committed to helping innovators solve their most pressing challenges. Providing intellectual property risk management and commercialization services to inventors and entrepreneurs. Experienced in patented innovation, intellectual property, property & casualty insurance leadership, anti-competitive practices, and false advertising & trade secret conflicts. Particularly effective in situations that require transformative strategy, patent commercialization, and operational expertise.

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COO

Bill Mutch

440-477-4884

  • LinkedIn

Experienced engineering and operations leader with 30 years of experience in innovation and development. Broad understanding of mechanical design, electrical design, optics, control systems, and software development. Inventor on 26 U.S. Patents. In depth understanding of Patent/IP strategy, portfolio management, and patent litigation. Participated in all aspects of the company business including executive leadership, engineering, operations, procurement, sales, marketing, IT, and customer support.

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CMdO

Dr Mark Froimson

(contact by email)

  • LinkedIn

Committed to solving Healthcare's most challenging problems by helping innovators and clinicians work together. Surgeon / Executive / Founder / Investor, with experiences that include Hospital CEO, National Health System Chief Clinical Officer, Public Company Board member, Venture Investing, National Physician Organization President, and multiple Startup roles, including as Founder and Board Chair.

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CIO

Wade Miquelon

(contact by email)

  • LinkedIn

Accomplished executive and board leader with over 30 years of experience driving growth and operational transformation in large global organizations. Wade has held senior leadership roles at Procter & Gamble, Tyson Foods, Walgreens, and Joann Stores, leading major mergers, financial restructurings, and strategic growth initiatives. Known for his global perspective, disciplined execution, and collaborative leadership, he brings deep expertise in finance, operations, and organizational strategy across both corporate and entrepreneurial settings.

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CMO

Bruce Perlman

(contact by email)

  • LinkedIn

Senior Marketing Executive with the unique vantage of growing brands, sales and earnings from both the corporate and agency perspective. A true storyteller that has helped build some of the most iconic brands by understanding the intersection of insights, creative development and analytics. Versatile, energetic growth innovator, and change agent with demonstrated skills in building existing businesses and identifying and securing new business. Consummate team player, who finds great reward in finding, mentoring and growing the only asset an agency has, it’s people.

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CSO

Jamie Peltz

(contact by email)

  • LinkedIn

Innovative entrepreneur and marketing executive with a proven record of developing and commercializing consumer products that solve everyday challenges. Jamie has more than 25 years of experience leading marketing, product development, and commercialization efforts, including senior roles at ICI Paints and as founder of several successful ventures such as SureSwatch and Forget Me Spot. Her ability to identify unmet needs and bring creative solutions to market complements her role in Sales and Assessments at Fairmount Medical, where she applies her business insight and customer-focused approach to evaluating clinical innovations and advancing commercialization opportunities.

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CFO

Pete Metzloff

(contact by email)

  • LinkedIn

Pete is a CPA (retired) with 45 years of experience, having served as the National Director of Regulatory Accounting for the Price Waterhouse Energy Group and later as a partner at Skoda, Minotti. He also has significant accounting and financial reporting experience with manufacturing, insurance, and nonprofit organizations.

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© 2026 by Fairmount Medical Innovation, LLC. 

 

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