Police secured the home of Apotex founder Barry Sherman and wife, Honey Sherman after they were found dead on Friday, December 15, 2017. THE CANADIAN PRESS/Christopher Katsarov

Homicide detectives now probing billionaire couple’s death

Police release cause of death of Barry and Honey Sherman as “ligature neck compression”

Homicide detectives have taken over the investigation into the deaths of billionaire Barry Sherman and his wife Honey after autopsies revealed the couple died from “ligature neck compression,” Toronto police said Sunday night.

Police issued a brief statement, but refused to comment further about the deaths of the couple, who were found in their Toronto home on Friday.

“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.

The statement said homicide detectives have taken the lead on investigating the deaths, which have been classified as “suspicious.” Homicide detectives have been involved in the investigation since Friday.

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

Related: Apotex confirms deaths

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.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

PHOTO: Gold Rush at NAPA Autoparts

Customers at Napa Autoparts feasted on beed-on-a-bun

Social interactions can help limit possible memory loss

Seniors learned about the brain and memory at a recent Speakers for Seniors session

Water advisory in place for Bentley

The water advisory is in place until further notice

PHOTO: Bowling for a cause

The Big Brothers and Big Sisters held its annual fundraiser over the weekend

Feds promise more service dogs for vets with PTSD

Questions ahead as federal budget paves the way for more on service dogs for vets with PTSD

Progress on fixing Phoenix pay system backlog could be short-lived: Ottawa

Feds have said they won’t try to recover money overpaid until all outstanding issues are fixed

Northern lights chasers in Canada discover new type named ‘Steve’

Phenomenon linked to a powerful current created by charged particles in Earth’s upper atmosphere

Washington state backs B.C. in pipeline dispute

Governor Jay Inslee says he is ‘allied’ with the province on Trans Mountain expansion projection

Over 250 First Nations teams to converge on Edmonton for Native provincials

The 25th anniversary of the Alberta Native Provincial Hockey Championships starts April 5

Leduc County resident comes home, finds four culprits robbing the place

Leduc RCMP arrest four suspects after rural break and enter

WATCH: Record number of nominees for Women of Excellence

Various Central Alberta women recognized for their different contributions

Mother convicted of killing daughters in ‘honour killing’ ordered deported

A woman found guilty in 2012 of murdering her three daughters in a so-called mass honour killing has been stripped or her permanent residency and ordered deported from Canada

B.C. woman ticketed after complaining to RCMP about student driver

The B.C. woman was ticketed after complaining to RCMP about student driver on Sea-to-Sky Highway

Most Read