Toronto Police Confirmed Canadian Billionaire Barry Sherman and Wife Were Murdered
Canadian Billionaire Barry Sherman and his wife Honey Herman, whom were founded dead in their Toronto mansion in December 2017, have been confirmed to be murdered by Toronto Police Services. The police had found the billionaire couple in their home’s lower-level pool. The postmortem examination revealed the cause of death to be ligature neck compression (they were found hanging by belts from a poolside railing in a semi-seated position).
“ Canadian Billionaire Barry Sherman and Wife Found to be Murdered “
Barry Sherman is a prominent businessmen in Canada and a billionaire with an estimated fortune that exceeds $3 billion. He is the founder, Chairman and CEO of Apotex Inc, a global pharmaceutical company. Also known as Dr. Bernard C. Sherman, he founded the company in 1974 in Toronto. He grew the firm from 2 employees in 1974 into a global pharmaceutical organization that employs more than 11,000 people in 44 years. He had worked for his uncle in Empire Laboratories while studying in University, bought the company when his uncle died and sold the company before founding Apotex.
On 14th December 2017, at 11:44 a.m., officers responded to a 9-1-1emergency call at the Sherman’s residence at 50 Old Colony Rd. They were both deceased when police arrived.
Apotex Inc. was founded in 1974, and is the largest Canadian-owned pharmaceutical company. From its 2 employees, 5,000 square foot beginning, the company has grown to employ over 10,000 people in research, development, manufacturing and distribution facilities world-wide. The Canadian operations of the Apotex Group of Companies has over 6,000 employees. Extensive investments in Canadian facilities include over 3 million square feet in manufacturing and R&D facilities in Richmond Hill, Toronto, Etobicoke, Brantford, Windsor and Winnipeg. Apotex produces more than 300 generic pharmaceuticals in approximately 4,000 dosages and formats which, in Canada, are used to fill over 89 million prescriptions a year – the largest amount of any pharmaceutical company in this country.
Today, Apotex is a necessary and trusted member of Canada’s healthcare community. The company’s pharmaceuticals can be found in virtually every pharmacy and healthcare facility in Canada and are exported to over 115 countries around the globe. Export markets represent an ever growing portion of the total sales. Apotex has also established a presence through subsidiaries, joint ventures or licensing agreements in Australia, Belgium, Czech Republic, Mexico, Netherlands, New Zealand and Poland to name just a few. Healthcare professionals around the world rely on Apotex for quality and value.
Although the company’s own business is developing and manufacturing generic pharmaceuticals, the success of Apotex has enabled it to diversify into a number of other health-related areas. The Apotex Pharmaceutical Group of Companies also researches, develops, manufactures and distributes fine chemicals, non-prescription and private label medicines, and disposable plastics for medical use.
The worldwide sales of the Apotex Group of companies exceed $2 billion (Canadian $) per year.
The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals. Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.
Get The Wealth Insider Daily
- For Press Release, please contact firstname.lastname@example.org
- For Media-related enquiries, please contact email@example.com
- For Advertisement, please contact our official ad agency