Toronto Police have released the cause of death of billionaire Barry Sherman and his wife Honey, but remain tight-lipped about the circumstances. Michelle Flannery said when asked to elaborate on findings from autopsies performed over the weekend. The statement contained no other details, except to formally identify the Shermans as the two people found dead in a Toronto home on Friday. Previously, police refused to confirm the identities, although they had been identified by a number of political and business leaders. Sherman was the founder of pharmaceutical giant Apotex. He started the company in and grew it into the largest Canadian-owned drug company. Sherman faced legal action from family members alleging they had been cut out of the company over the years. As a producer of more than generic pharmaceutical products, Apotex has itself seen a number court cases, as companies have pushed back on its efforts to sell cheaper no-name options. The Shermans were among Canada’s most generous philanthropists and also organized funding of charitable causes through the Apotex Foundation. The couple made numerous multimillion-dollar donations to hospitals, schools and charities and had buildings named in their honour.
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Kevin Donovan, the chief investigative reporter at the Toronto Star, talks about the unique investigation, the family and why he believes the case will be solved. By Anne Kingston October 30, The police are adamant they got their call at a.
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Barry and Honey Sherman were murdered within hours of arriving home, Toronto police say
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Sherman, a University of Toronto graduate with a doctorate in engineering from the Massachusetts Institute of Technology , got his start in the pharmaceutical business in the s, when the estate of his uncle Louis Lloyd Winter let him run Empire Laboratories , the late uncle’s drug company. This eventually led Sherman to form Apotex, where he earned a reputation among both competitors and government regulators for extreme combativeness, often including litigation.
His four cousins, who were supposed to have received 5 percent stakes in Empire, later sued Sherman unsuccessfully over his sale of Empire. In he married his wife Honey, who would later rise to prominence in Canadian philanthropy, serving on the boards of several prominent charities. The two were found slain in their home late in by unknown assailants, according to the Toronto Police , who are investigating the case. During summers, he worked for his uncle Louis Lloyd Winter , at his Empire Laboratories , then Canada’s largest wholly owned pharmaceutical company,  as a driver, primarily picking up urine samples for pregnancy tests.
He graduated [ when? Sherman later recalled that his interest in business as career was piqued when he was One day his father brought him to work at his zipper factory in downtown Toronto, and gave Sherman some zippers to count and box. He later wrote that his father was surprised at how well he did, filling “more than would have been done in the same time by any of his paid staff”.
He also recalled feeling insulted when his father counted them.
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This copy is for your personal non-commercial use only. Barry and Honey Sherman were murdered within a few hours of arriving at their Toronto home on the evening of Wednesday, Dec. They were last seen alive in the early evening that day. Their bodies were not found until two days later. Idsinga would not reveal what the factors are that have allowed police and forensic officers to pinpoint the time of death, saying that to reveal detailed information about the case would jeopardize the homicide probe, now into its third year.
Barry Sherman founded and owned the multibillion-dollar generic drug firm Apotex. He and his wife, Honey, were well-known philanthropists, donating money to large charities and also providing financial assistance to family and friends. Their date and time of death have been a mystery, as with many aspects of the case. According to friends, business associates and family, the Shermans concluded a meeting at Apotex to discuss construction of their new home at p. Honey headed home, stopping to pick up Hanukkah gifts for her grandchildren.
Barry stayed at Apotex and sent a last work email of the day to colleagues, including one of his lawyers, at p.
Private investigation into murders of Barry and Honey Sherman closed, police appeal for more tips
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PhilTsekouras Contact. The police investigation, however, is ongoing and investigators are appealing to the public for more information as the two year anniversary of the tragedy approaches. Media reports quote police sources saying the prevalent theory in the case was that it was a murder-suicide. May 6, The Sherman mansion is demolished.
Donovan alleges that the couple knew their killer or killers and that the motive was money. The police investigation continues as investigators appeal to the public for information. Here is a timeline of key events in the case of Barry and Honey Sherman: Dec. Toronto Top Stories. Financial Accountability Office to report on Ontario’s credit rating. Toronto police to provide update on home invasion, shooting investigation. Ontario Premier Doug Ford to make an announcement in Etobicoke.
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MiriamKatawazi Contact. At a news conference, Insp. Hank Idsinga, the head of the Toronto police homicide unit, reminded the public that the police investigation remains active and asked that any existing tips sent to private investigators be resubmitted to police directly. Idsinga said that while police received tips directly from the public, tips were provided to them through the private investigative team.
The update came as the family, who were not present at the news conference, marked two years since the billionaire couple was found dead under mysterious circumstances in their mansion at 50 Old Colony Road on Dec. At the time of the initial investigation, police sources said the prevalent theory in the case was that it was a murder-suicide. But, about six weeks after the Shermans’ deaths, homicide detectives said they believed the Shermans were the victims of a targeted double homicide.
The reward will now be administered in consultation with police instead of through the private investigation, Idsinga said.