Toronto billionaire couple found dead at their home

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.

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.

Const. David Hopkinson said emergency crews were dispatched out as a medical call initially to the Sherman home, located on Old Colony Road near Bayview Avenue and Highway 401, just before 11:45 a.m. Friday.

A local constable said the circumstances of the deaths appear to be suspicious and it is being treated as such.

Mr Sherman was the chairman of generic drug-maker Apotex, which he founded in 1974 with two employees.

Forbes magazine puts Mr Sherman's personal net worth at $3.2bn (£2.4bn).

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Police said homicide investigators are involved in the case, though the deaths have not officially been classified as homicides.

Canadian President Justin Trudeau tweeted: "Sophie and I are saddened by news of the sudden passing of Barry and Honey Sherman".

Lawsuits from family members, alleging they were cut out of their share of the company back in 1967, had dogged Mr Sherman for decades.

Apotex sells 260 generic drugs in more than 115 countries, raking in annual global revenue of $1.5 billion.

Apotex released a statement on Saturday paying tribute to its founder, praising both his philanthropic efforts and what it described as his vision for health care. "Patients around the world live healthier and more fulfilled lives thanks to his life's work". "My dear friends Barry and Honey Sherman have been found dead". She also served on the boards of Mount Sinai's Women's Auxiliary, the Simon Wiesenthal Center and the International American Joint Distribution Committee.

'They were extremely successful in business, but also very, very giving people, ' former Ontario Premier Bob Rae told CBC. The couple had made numerous multimillion dollar donations to hospitals, schools, and charities.


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