Bill McPhee

  • William D. McPhee (Bill) is the Founder and Managing Director of Praxis Advisors LLC, a partnership of senior executives that helps early stage medtech businesses develop and execute the strategies and tactics needed to reach commercialization and exit. Mr. McPhee has 30 years of experience in strategy and operations consulting, fund raising, transactions and venture capital. He has worked with the senior management teams of a wide range of organizations in the healthcare, consumer products, information services, manufacturing and retail sectors.

    Prior to starting Praxis, Mr. McPhee created the Outsourced Business Development practice at Health Advances, a 65-person life science strategy consulting boutique. Before that he founded Mi3 Venture Partners, an early stage life science fund. Mi3 evolved from Mr. McPhee’s realization that there was an extraordinary opportunity to exploit the shifts in the strategic/operating paradigm for the imaging-related sector. In 1991 Mr. McPhee founded the international strategy consulting business, Lucas, McPhee & Co., focused on building shareholder value for institutions as diverse as the Indiana University School of Medicine, Warner-Lambert, Health and Hospital Corp. (Indianapolis), Wishard Hospital, Indiana Healthcare (primary care organization), Thomson Consumer Electronics, Hawker-Siddeley (U.K.) and some of the LBO portfolio companies of Clayton, Dubilier & Rice and Kohlberg and Company. Early in his career Mr. McPhee served as a senior manager in several small companies and as a consultant with the international strategy-consulting firm of Bain and Company. Over a 4-year period with PepsiCo, Inc., Mr. McPhee served initially as Legal Counsel for Canadian subsidiaries and later was responsible for the franchised growth of Taco Bell and Pizza Hut in Canada. Mr. McPhee received a LL.B. (law degree) from McGill University (Montreal) where he was a Wainwright Scholar. He also obtained a B.Sc. (Honors – pre-Med) from McGill and received McConnell and University Scholarships. Mr. McPhee is a non-practicing member of the Ontario Bar.

    Mr. McPhee is a member of Boston Harbor Angels and Mass Medical Angels, and serves as an Advisor to The Capital Network. He has held Board seats on Imcor Pharmaceuticals, VueSonix Sensors, Quick Study Radiology, FlowMedica and superDimension and has been a speaker and panelist for many organizations, including MassMedic, the Institute of Medicine and the Foley & Lardner Technology Conference. Mr. McPhee has published articles in Imaging and the peer reviewed journal Radiology.