Apotex Founder Barry Sherman, Wife Found Dead in Toronto Home

16 December, 2017, 19:09 | Author: Edward Snyder
  • Apotex Founder Barry Sherman, Wife Found Dead in Toronto Home

"We've been informed of the tragic news that Barry and Honey Sherman have unexpectedly passed away", said the Twitter account of Apotex, which Sherman founded in 1974. "I have had the privilege of knowing them both well for many years".

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.

The company, which made its name producing generic drugs, grew to employ more than 11,000 people worldwide. "Incredible philanthropists, great leaders in health care".

Canadian Prime Minister Justin Trudeau extended his condolences "to their family and friends, and to everyone touched by their vision and spirit".

Speaking with reporters about the couple on Saturday morning, Mayor John Tory said they were "extraordinary citizens" who "contributed so much to so many in Toronto. A very, very sad day", he wrote.

According to Fortune magazine, Sherman was worth $3.2 billion at the time of his death, making him the 12th richest person in Canada.

Apotex Founder Barry Sherman, Wife Found Dead in Toronto Home

It is reported the bodies of Barry and Honey Sherman were discovered in their basement in Toronto on Thursday. She was involved in so many causes, some of them in the Jewish community but many not.

"Our investigators are inside investigating and taking apart the scene".

"Honey Sherman was a volunteer extraordinaire".

"Their loss will be felt across Canada", the organization tweeted. In the acquisition deal, Sherman reportedly promised to share a mix of royalties and a stake in the company with Winter's four orphaned children.

"We mourn the loss of these wonderful members of our community whose friendship, passion for education and philanthropy have had a transformational impact on our students, faculty and staff for many years".

"Their visible leadership on our hospital and foundation board of directors was infused with warmth, passion and a fierce intelligence", Brent Belzberg said in a statement.



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