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Police release cause of deaths of Barry and Honey Sherman

Apotex chief and wife died from ligature neck compression, deaths called suspicious.

December 18, 2017   by CP STAFF

TORONTO — Toronto Police have released the cause of death of billionaire Barry Sherman and his wife Honey, but remain tight-lipped about the circumstances.

Police issued a brief statement saying the couple, whose bodies were found on Dec. 15 both died from “ligature neck compression,” but the department refused to comment further.

“That is what the post-mortem indicates and that is the terminology that they give us,” Const. Michelle Flannery said when asked to elaborate on findings from autopsies performed over the weekend.

Police also said homicide detectives have taken the lead on investigating the deaths, which have been classified as “suspicious.”

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The statement contained no other details, except to formally identify the Shermans as the two people found dead in a Toronto home.

Previously, police refused to confirm the identities, although they had been identified by a number of political and business leaders.

Sherman, 75, was the founder of pharmaceutical giant Apotex. He started the company in 1974 and grew it into the largest Canadian-owned drug company.

Canadian Business magazine recently assessed his fortune at $4.77 billion, making him the 15th richest person in the country.

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 300 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.

Honey Sherman, 70, was on number of boards, including the York University Foundation and the Simon Wiesenthal Center.

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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