Canada column for Sunday, Dec. 17/17
THE CANADIAN REPORT
(c) By Jim Fox
Police say the deaths of the billionaire founder of Canadian generic drug firm Apotex and his wife are “suspicious.”
The bodies of the philanthropist couple Barry and Honey Sherman were found about noon on Friday in their home in Toronto’s North York.
Barry Sherman’s net worth was estimated at $4.77 billion, making him the 15th richest person in the country and he had recently put the house up for sale, asking $6.9 million.
Constable David Hopkinson said police were called in response to a “medical complaint” and autopsies this weekend will determine the cause of death.
Barry Sherman founded Toronto-based Apotex Inc. in 1974 and turned it into the largest Canadian-owned pharmaceutical company, producing more than 300 generic drugs and employing 10,000 people.
The company has manufacturing and research facilities in the Toronto area and Winnipeg, and fills 89-million prescriptions a year, exporting to 115 countries.
Ontario Health Minister Eric Hoskins said the Shermans were “generous philanthropists, kind and compassionate individuals, devoted to their family, their friends, their community, this province and this country.”