Wednesday, 17 January, 2018

Toronto billionaire, wife found dead at their home

Canadian billionaire, wife found dead at their home Toronto billionaire, wife found dead at their home
Heather Davidson | 17 December, 2017, 01:39

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.

"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", it said in a statement. When crews arrived, they found the couple dead, under circumstances that police described as suspicious.

Apotex is the seventh largest generic drug maker in the world with more than 11,000 employees with annual sales of over C$2 billion across 45 countries.

Sherman "gave his life to the singular goal of our organization - innovating for patient affordability", Apotex said in the statement.

On Twitter, Canadian Prime Minister Justin Trudeau tweeted his condolences to the family and was very touched by the couple's vision and spirit. Canadian Business magazine recently listed him as the 15th richest person in Canada, with a net worth of $4.77 billion.

Police say they responded to a call at midday at the home of the Sherman in an affluent area of Toronto.

The Shermans recently listed their home for sale for almost 7 million Canadian dollars, about $5.4 million.

"I am gutted by the loss of Honey and Barry Sherman".

The Sherman family released a statement Saturday saying: "We urge the Toronto Police Service to conduct a thorough, intensive and objective criminal investigation, and urge the media to refrain from further reporting as to the cause of these tragic deaths until the investigation is completed".

"Wonderful human beings, incredible philanthropists, great leaders in health care", he wrote. The couple were found in their home, which was up for sale.

The Shermans, who had four children, were major donors to hospitals, universities and Jewish organisations. A very, very sad day. "Toronto Police are investigating and I hope that investigation will be able to provide answers for all of us who are mourning this tremendous loss".

Apotex employs more than 10,000 people in research, development, manufacturing and distribution facilities worldwide, with more than 6,000 employees at its Canadian operations, CTV reported.

"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.

The couple were known as generous donors to Toronto Jewish organizations.

Honey was on the board of governors at York University, the Baycrest Foundation and Mount Sinai Hospital.

Recommended

Bill criminalising triple talaq gets cabinet nod Bill criminalising triple talaq gets cabinet nod We are entitled, educated and empowered, and we want justice as per the law of the land... The nod paves the way for its introduction during ongoing Parliament session.

Mayweather v McGregor Fight NOT the Richest in Boxing History - Showtime Mayweather v McGregor Fight NOT the Richest in Boxing History - Showtime He has not fought in the Octagon since November 2016, and he has never defended a UFC championship. McGregor made his professional boxing debut back in August, at the T-Mobile Arena in Las Vegas.

Does Traditional Bell-Ringing Still Work For Salvation Army? Does Traditional Bell-Ringing Still Work For Salvation Army? While The Salvation Army provides feeding and sheltering to address the foundational need, we provide much more than that. Londoners have also given generously when it comes to the components that make up the Salvation Army hampers.

What Carlos Santana's Reported Deal With Phillies Means For Red Sox What Carlos Santana's Reported Deal With Phillies Means For Red Sox Rose, who is now 76, sued over Dowd's assertions on the radio in 2015 that Rose had committed statutory rape decades earlier. The Northport, Ala., native died Wednesday night after being hospitalized in Tuscaloosa with pneumonia.

'I Intend To Fight Back': Tavis Smiley Responds To Sexual Misconduct Allegations 'I Intend To Fight Back': Tavis Smiley Responds To Sexual Misconduct Allegations Before Smiley, Garrison Keillor was dismissed from Minnesota Public Radio and his show A Prairie Home Companion . Tavis Smiley speaks at the National Press Club in Washington, D.C., in 2012.

Trump directs NASA to return to the moon before aiming at Mars Trump directs NASA to return to the moon before aiming at Mars Pence echoed the president's vow, saying "you're ensuring that America will lead in space once again". President Donald Trump formally announced last night that he is sending Americans back to the moon.

Time May Be Running Out for Tidal Time May Be Running Out for Tidal Jay Z performs onstage during TIDAL X: Brooklyn at Barclays Center of Brooklyn on October 17, 2017, in NY . Tidal , which has its headquarters in Oslo, appears to have only six months left of working capital.

Facebook trials ads before videos in its "Watch" section Facebook trials ads before videos in its Previously videos had to be a minimum of 90 seconds, and the first ad break was allowed to appear after 20 seconds. What's more, we will also get a see new episodes of a show if we have watched previous episodes of the show.

Ajinkya Rahane's father arrested after auto accident near Kolhapur Ajinkya Rahane's father arrested after auto  accident near Kolhapur According to reports, the woman, identified as Ashatai Kamble , was hit by Hyundai i20 auto that Rahane's family was traveling in. He was served a notice under CrPC 41/1 due to which he has to remain present in the court with his lawyer during the hearing.

LSU expects O-line coach Jeff Grimes to leave for BYU LSU expects O-line coach Jeff Grimes to leave for BYU His offensive line paved the way for four straight 1,000-yard rushers in each of his four seasons at the SEC school. Grimes will replace Ty Detmer, who was sacked after the season after just one year.

When 'Tiger' Salman Khan Shot with Wolves When 'Tiger' Salman Khan Shot with Wolves Sulaiman S Lalani, executive eirector, Geo TV Network, which was geared up to distribute the movie, is disheartened. Director Ali Abbas Zafar to be the new member of that "extended" family of the star Khan.

Apple Adds $390 Million to American Facility In Finisar Deal Apple Adds $390 Million to American Facility In Finisar Deal The iPhone X , even if you can't see it, can do nifty tricks like Animoji and Face ID all thanks to invisible lasers. Corning Inc, the maker of glass for iPhone and iPad screens, earlier received US$200 million for glass processing.

Chevrolet supporting Wreaths Across America Chevrolet supporting Wreaths Across America Blue Mountain Middle School near Orwigsburg hosted its fourth annual Wreaths Across America Ceremony Thursday. The public is invited to attend the ceremony, which will be emceed by WVEC reporter Mike Gooding.

Meteor shower tonight expected to be best of the year Meteor shower tonight expected to be best of the year Scientists initially thought Phaethon, which is three miles long, used to be a comet that has since lost most of its ice. While the Geminids are more visible in the Northern Hemisphere , the Southern won't miss out on the light show either.

Omarosa, former 'Apprentice' star, escorted out of White House after forced resignation Omarosa, former 'Apprentice' star, escorted out of White House after forced resignation She continued, "I like to hear all of these interesting tales, but I have to tell you that they are 100 percent false". A White House shake-up has been widely expected as Trump seeks to revive his regime after a spate of controversies.