Toronto Police Service Homicide has taken the lead in the suspicious death investigation of Barry and Honey Sherman.
According to police, on Friday, December 15 at 11:44 am, they responded to a call at 50 Old Colony Road in North York.
Inside, police found both Barry Sherman, 75, and Honey Sherman, 70, deceased.
Police say that post-mortem examinations were carried out and the cause of death for both deceased was ligature neck compression.
“It is with profound sadness that we announce the unexpected passing of our founder, Dr. Bernard C. Sherman, Chairman of the Board of the Apotex Group of Companies, at the age of 75, and his wife Honey Sherman,” read Sherman’s company website, Apotex.
“From its humble two-employee, 5,000 square-feet beginning in Toronto, the company Dr. Sherman founded grew into a global pharmaceutical organization that today employs more than 11,000 people in research, development, manufacturing, and distribution in facilities around the world.”
According to Forbes, Sherman was one of Canada’s billionaires, with Apotex’s medicines filling over 89 million prescriptions a year in Canada alone, and annual global revenues of $1.5 billion.
The Shermans were well known in Canada, and honoured with the award for Outstanding Philanthropist by The Association of Fundraising Professionals of Greater Toronto.
Sophie and I are saddened by news of the sudden passing of Barry and Honey Sherman. Our condolences to their family & friends, and to everyone touched by their vision & spirit.
— Justin Trudeau (@JustinTrudeau) December 16, 2017
Anyone with information is asked to contact police at 416-808-7400, Crime Stoppers anonymously at 416-222-TIPS (8477), online, or text TOR and your message to CRIMES (274637).