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posted by martyb on Sunday December 17 2017, @11:22AM   Printer-friendly
from the generic-murder-case dept.

Deaths of Canada billionaire Barry Sherman and wife 'suspicious'

A Canadian billionaire and his wife have been found dead at their home in Toronto in circumstances that police described as "suspicious".

The bodies of Barry Sherman and his wife Honey were found in the basement by an estate agent, reports said.

Mr Sherman was the founder and chairman of pharmaceutical giant Apotex, which sells generic medicines around the world.

He was one of Canada's richest men and a prominent philanthropist.

There was no sign of forced entry to the property, police said in a statement Friday evening. Local media reported that investigators were not searching for a suspect at this time.

Detective Brandon Price told Canadian broadcaster CBC that investigators were still trying to determine if there was foul play involved.

Apotex:

Apotex is a Canadian pharmaceutical corporation. Founded in 1974 by Dr. Bernard Sherman, the company is the largest producer of generic drugs in Canada, with sales exceeding $1 billion (CAD) a year. The company produces more than 300 generic pharmaceuticals in approximately 4,000 dosages, and has 500 molecules under development. Apotex exports products to over 115 countries around the globe. There are more prescriptions filled with Apotex products in Canada than that of any other pharmaceutical company, close to 90 million per year.

Also at CBC.


Original Submission

 
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  • (Score: 0) by Anonymous Coward on Sunday December 17 2017, @12:03PM (3 children)

    by Anonymous Coward on Sunday December 17 2017, @12:03PM (#610962)

    Probably because they have currently no leads as where to search for suspects (evidence found at the crime scene is being analysed first).

  • (Score: 3, Insightful) by Anonymous Coward on Sunday December 17 2017, @01:08PM (2 children)

    by Anonymous Coward on Sunday December 17 2017, @01:08PM (#610968)

    Thought it could get away with this, and the Canadian government is figuring out what the fallout would be of disclosing that one of their supposed allies was making an example out of somebody like this under plans for either a hostile takeover or to send a message to other big generic pharma companies about muscling in on their territory...

    • (Score: 3, Interesting) by bzipitidoo on Sunday December 17 2017, @02:32PM (1 child)

      by bzipitidoo (4388) on Sunday December 17 2017, @02:32PM (#610976) Journal

      Big Pharma is evil, will price gouge no matter how many deaths that causes, and like Big Tobacco try to grow their markets by addicting consumers, and treat symptoms for a lifetime rather than causes once. But to engage in murder of rivals, as Columbian drug cartels do, no, I don't see that. Sure, that's possible, but it's not Big Pharma's style. Mainly, it's too risky. Columbian drug cartels got away with a lot of murder because law enforcement was weak and corrupted and could be intimidated, and the government had the bigger problem of a civil war against the FARC on its hands. A big part of such a murder is the fear factor. But to try that in Canada, where civic order is much stronger, is stupidly risky. It will be a lot harder and more expensive to derail the investigation, and crude attempts to bribe or threaten investigators are much more likely to backfire. To be so stealthy about it that no one can tell it was a murder won't have the same fear factor. In that case, why shouldn't the Apotex heirs just keep on with business as usual, in which case the murder will not have accomplished the goal of driving a rival out of business?