Canadian billionaire and wife found dead in 'suspicious' circumstances in Toronto home

Posted December 17, 2017

Canadian police are investigating the mysterious deaths of Barry Sherman, the billionaire philanthropist and founder of Canadian pharmaceutical firm Apotex, and his wife, Honey - and reports say police suspect a murder-suicide.

"I am beyond words right now".

Police said later Friday evening that they are not now seeking any suspects but are keeping an open mind on all possibilities. "Their leadership and investments in health care leave a legacy we are all better for".

Forbes has estimated Mr. Sherman's fortune at $3.2 billion.

In 1974, Sherman used his mother's life savings to buy his uncle's drug company with initially just a couple of employees and 5,000 square feet of area. The company undercut name-brand drugs by producing cheaper generic versions.

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One of the most high-profile of those clashes occurred when pharma giant Bristol-Myers Squibb sued Apotex in 2006 to try and stop it from selling the first generic form of the heart-disease treatment Plavix.

Hopkinson would not confirm that the bodies are of Barry Sherman and his wife Honey Sherman.

"Patients around the world live healthier and more fulfilled lives thanks to his life's work, and his significant impact on healthcare and healthcare sustainability will have an enduring impact for many years to come", the company said. She also served on the boards of Mount Sinai's Women's Auxiliary, the Simon Wiesenthal Center and the International American Joint Distribution Committee.

Sherman was born in Toronto, Canada in 1942 and was the youngest to ever enter into the University of Toronto's Engineering Science program at age 16.

And the Shermans were generous with their largesse, doling out tens of millions of dollars to universities, hospitals and the United Jewish Appeal, according to the Globe and Mail, a Canadian newspaper.

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In a statement on the Jewish Foundation of Greater Toronto's website, the Shermans expressed their particular "obligation" to support the Jewish community. 'It's going to be a very, very big loss'. "Their loss will be felt by our organization, our community, and our country".

In response to the news of their deaths, Mr Trudeau tweeted: "Our condolences to their family & friends, and to everyone touched by their vision & spirit".

The real estate agent who had been helping to sell the pair's North York home found the bodies.

The mayor of Toronto John Tory through a prepared statement said he was heartbroken and shocked when he learned of the couple's death, noting the couple had made many contributions to the city.

Canadian media said the Shermans had recently put their home up for sale with a price of around Can$7 million.

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- with files from Michael Oliveira and David Hodges in Toronto and Ian Bickis in Calgary.