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Police Investigate ‘Suspicious’ Death of Prominent Toronto Couple

Apotex, the company Mr. Sherman founded, confirmed the couple’s identity in a statement. Mr. Sherman, 75, was chairman of the drug maker.

Mr. Sherman used litigation and pressure on governments to open up the market for generic drugs, turning Apotex into a business with annual sales of more than 2 billion Canadian dollars. Canadian Business magazine estimated his personal wealth at 4.7 billion Canadian dollars.


The Shermans in 2010. Credit Janice Pinto/The Globe and Mail, via REUTERS

He also was embroiled in a long-running legal dispute with a group of his cousins, who sought about $ 1 billion in a lawsuit brought in 2006. The complaint, which was based on Mr. Sherman’s relationship with an uncle in an earlier drug company, was finally rejected in September by the Ontario Superior Court of Justice.

In addition to donating to many charities, mainly in the Toronto area, Mr. Sherman was a prominent backer of the Liberal Party led by Prime Minister Justin Trudeau.

This year, Karen Shepherd, the federal lobbying commissioner, said she was investigating the propriety of Mr. Sherman’s hosting of a Liberal Party fund-raiser in 2015 that featured Mr. Trudeau, who was not yet prime minister. Because Mr. Sherman was registered as a lobbyist at the time, some political opponents and a political ethics group charged that the event violated federal lobbying rules.

Apotex had asked a court to end the investigation, calling it an “unanchored fishing expedition.”

Mr. Trudeau was among many prominent Canadians who expressed sadness over the couple’s death.

“Our condolences to their family & friends, and to everyone touched by their vision & spirit,” Prime Minister Justin Trudeau wrote on Twitter.

Linda Frum, a Conservative member of Canada’s Senate, described Ms. Sherman on Twitter as “one of the kindest and most beloved members of Canada’s Jewish community.”

“Today I am gutted by the loss of Honey and Barry Sherman,” she added. “Our community is steeped in grief.”

Many of Mr. Sherman’s financial contributions went to branches of the United Way. Apotex regularly donated substantial quantities of drugs to groups providing medical care in underdeveloped countries and crisis areas.

Source: NYT > World

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