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2 found dead at home of Apotex founder Barry Sherman


Barry Sherman poses with a bottle of clopidogrel tablets, August 14, 2006 at company headquarters in Weston, Ontario, Canada.

Lisa Rapaport | Bloomberg | Getty Images

Barry Sherman poses with a bottle of clopidogrel tablets, August 14, 2006 at company headquarters in Weston, Ontario, Canada.

“I am beyond words right now,” Hoskins wrote in his tweet. “Incredible philanthropists, great leaders in health care. A very, very sad day.”

Barry Sherman was the chairman of generic drug maker Apotex, which he founded in 1974 with two employees. It went on to become the largest Canadian-owned pharmaceutical company.

Along the way he amassed a vast fortune, which Canadian Business magazine estimated at $4.77 billion Canadian (US$3.65 billion) to make him the 15th richest Canadian, as well as lawsuits from family members who alleged they got cut out of a share of the company.

The company has more than 10,000 people in research, development, manufacturing and distribution facilities world-wide, with more than 6,000 employees at its Canadian operations.

Sherman has also been an active philanthropist, including donating $50 million Canadian (US$39 million) to the United Jewish Appeal. He had also become an active fundraiser for Prime Minister Justin Trudeau’s Liberal party in recent years, but was criticized for holding a pay-for-access fundraiser in August 2015 that included Trudeau while being registered as a lobbyist.

Apotex called news of the deaths “tragic.”

“All of us at Apotex are deeply shocked and saddened by this news and our thoughts and prayers are with the family at this time,” the company said in a statement.

The address where the bodies were found was recently listed for sale for $6.9 million Canadian (US$5.4 million). Neighbors confirmed that the property was the couple’s home.

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