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Drug tycoon Barry Sherman found dead with wife

Drug tycoon Barry Sherman found dead with wife

Barry Sherman, founder of Apotex Inc., and his wife Honey have been found dead at their North York mansion.

It is reported the bodies of Barry and Honey Sherman were discovered in their basement in Toronto on Thursday.

Police, firefighters and paramedics responded to a 911 call for a medical emergency at 11:44 a.m., Constable Hopkinson said.

"The circumstances of their death appear suspicious and we are treating it that way", Hopkinson said.

Two bodies covered in blankets were later seen being removed from the house.

Sherman, 75, founded privately held Apotex in 1974, growing it by introducing large numbers of low-priced generic drugs that took market share from branded pharmaceuticals.

Lawsuits from family members, alleging they were cut out of their share of the company back in 1967, had dogged Mr Sherman for decades.

Tory said that he was "shocked and saddened" to hear about the deaths of the Shermans but takes some solace in the fact that "their memories will live on for a long time".

Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
He was productive the last four years with the Tigers, although his batting average fell in 2017 to a career low. The Tigers acquired Kinsler from the Texas Rangers after the 2013 season in exchange for Prince Fielder and cash.

According to Forbes, Sherman, 75, was the 12th richest man in Canada and ranked 660th among world's billionaires, with an estimated net worth of $3.2 billion, as recorded in March 2017.

The couple had four children. "As employees, we are proud of his tremendous accomplishments, honored to have known him, and vow to carry on with the Apotex goal in his honor".

The Shermans were among Canada's most generous philanthropists and also organized funding of charitable causes through the Apotex Foundation.

"Barry and Honey were kind, good people who will be greatly missed".

Ontario Health Minister Eric Hoskins confirmed the death of the couple in a tweet Friday afternoon.

Apotex released a statement on Saturday paying tribute to its founder, praising both his philanthropic efforts and what it described as his vision for health care.

Mayor of Toronto John Tory also released a statement: "On behalf of all Toronto residents, I want to express my deepest condolences to the Sherman family". A very, very sad day.

He added that he hoped the police investigation would provide answers for those who were mourning the loss.


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