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Canadian medical billionaire and his wife were murdered in ‘targeted’ hit, police say

Founder of generic drug maker Apotex and wife found dead in their mansion hanging by belts from a railing around their indoor pool

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Honey and Barry Sherman, chairman and CEO of Apotex Inc, at the 2010 United Jewish Appeal fundraiser in Toronto, Canada. Police now believe the couple were murdered in their mansion. Photo: Reuters

Canadian pharmaceuticals billionaire Barry Sherman and his wife Honey, who were found hanged at their indoor swimming pool, were murdered, police have confirmed.

Detective Sergeant Susan Gomes said investigators came to the conclusion after six weeks of investigation, but declined to discuss possible motives or suspects.

“We have sufficient evidence to describe this as a double homicide investigation and that both Honey and Barry Sherman were in fact targeted,” Gomes said.

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Sherman, the founder of generic drug maker Apotex, and his wife were found dead in their mansion on December 15. Police said then the deaths were suspicious, but that there were no signs of forced entry and they were not looking for suspects.

The day after the bodies were found, prominent media outlets quoted unidentified police officials as saying it appeared to be a murder-suicide. But that theory was never publicly confirmed by authorities and family said that would have been wildly out of character.

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