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(MedTech Commercialization)

Most great devices never make it out of the lab — not for lack of promise, but for lack of a path.

FMI builds that path: from a clinician's idea, to a funded prototype, to a company that wants it.

Talk to Our Team

Academic Medical Centers

Tech transfer offices & clinician-inventors

Fairmount Medical Innovation

5-phase, 8-gate commercialization funnel

Strategic Acquirers

MedTech suppliers & investors

(About)

We partner with universities and academic medical centers to access early-stage, clinician-led innovation at the source — then apply a structured, milestone-driven pathway that gets each device to the point where a Strategic Scaler, MedTech supplier, or investor can say yes with confidence.

A de-risked device is worth more to everyone who touches it next.

Investors
Structured exposure to clinician-led devices with defined exit paths.
Tech transfer offices
A com­mer­cial­iza­tion partner fluent in both the clinic and the deal.
Strategic Scalers and MedTech suppliers
A diligence-ready acquisition pipeline.
Combined years of operating experience on the leadership team
130+Combined years of operating experience on the leadership team
Commercialized U.S. patents between the leadership team
30+Commercialized U.S. patents between the leadership team
Devices put through the D.A.R.E.E. process
15Devices put through the D.A.R.E.E. process

(Our Process)

Every invention earns its way forward, one gate at a time — or it gets cut early, before real money is on the line.

Five phases and an 8-point kill gate. Capital protected at each one.

D.A.R.E.E.

Five phases, one repeatable pipeline

Discover

Sourced from tech transfer & academic medical centers.

Assess

8-point Kill Gate & Upside Scorecard evaluation.

Refine

Engineering & prototyping under exclusive option.

Execute

Manufacturing, filing & clinical evidence under license.

Exit

Acquisition, licensing, or hybrid — capital recycled.

The Result

Fewer wasted years for inventors, less diligence risk for acquirers, and a repeatable pipeline instead of one-off bets.

(Core Values)

Our values are what hold the process together. They aren't just wall art. They're how decisions actually get made when a gate call is closed.

Integrity & Ethics

Doing right, even unwatched. We do what's right for clinicians, patients, and partners — even when it's the harder call, and even when no one's checking.

Execution Excellence

Ideas that actually ship. Disciplined commercialization turns ideas into devices, not slideware. We measure ourselves on what ships.

Collaboration

Nobody wins this alone. Open, cooperative relationships across tech transfer, suppliers, and investors — every stakeholder pulling the same direction.

Innovation with Purpose

Solving real problems. We back practical devices that solve real, defined clinical problems — not novelty for its own sake.

Ownership & Accountability

Results, not excuses. Every team member takes initiative and delivers results that matter — and owns the outcome either way.

(Leadership)

Our team combines clinical insight, engineering expertise, and commercialization experience to turn promising medical inventions into market-ready devices.

Mike Bass

CEO

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.

Dr. Mark Froimson

CMdO

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.

Bruce Perlman

CMO

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, its people.

Pete Metzloff

CFO

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.

Bill Mutch

COO

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.

Wade Miquelon

CIO

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.

Jamie Peltz

CSO

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.

(Contact)

Have an invention ready to de-risk?

Tech transfer officers, clinician-inventors, and strategic partners — this is where the pipeline starts for Class I and II devices.

billm@fairmountmedical.com

Fairmount Medical Innovation10000 Cedar AvenueCleveland, Ohio 44106

Trusted by innovators from a leading medical institution.