Canadian billionaire and wife found dead in 'suspicious' circumstances in Toronto home

Autopsies being performed after Atopex founder and wife found dead in mansion

Sherman, 75, founded privately held Apotex in 1974, growing it by introducing large numbers of low-priced generic drugs that took market share from branded pharmaceuticals.

Their bodies were discovered by an estate agent who was setting up an open house for the luxury property, which had recently been put up for sale for $6.9m Canadian dollars (over £4m). He stepped down as chief executive in 2012, but stayed on as executive chairman. He grew the company through the introduction of large numbers of generic, low-costing drugs that were able to take market share away from the branded pharmaceuticals.

"The circumstances of their death appear suspicious and we are treating it that way", said Constable David Hopkinson.

Hopkinson said the deaths are not now being treated as homicides, adding that more investigation will be necessary.

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"Our investigators are inside investigating and taking apart the scene".

Police later said there were no signs of forced entry at the property and they were not now searching for a suspect, according to CBC.

Forbes has estimated Sherman's net worth at $3.2 billion, making him the 12th wealthiest Canadian.

Filling more than 89 million prescriptions in a year and exporting to 115 countries, the privately held company says its worldwide sales exceed $2 billion a year.

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"Wonderful human beings, incredible philanthropists, great leaders in health care".

The couple was known for their philanthropy, giving tens of millions to hospitals, universities and Jewish organizations, the Canadian Broadcasting Corporation reported.

Linda Frum, a Canadian Senator, said she was "gutted by the loss" of the couple, just two weeks after presenting a Senate medal "to one of the kindest and most beloved members of Canada's Jewish community".

The chair of the Sinai Health System's board said the Shermans' deaths was a big loss.

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"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,"Apotex wrote in a news release".

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