E175: Barry and Honey Sherman (Part 1)
Coffee and Cases Podcast
Cloud10
4.7 • 623 Ratings
🗓️ 30 March 2023
⏱️ 81 minutes
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| 0:00.0 | Barry and Honey Sherman were names that most Canadians had heard before, |
| 0:05.9 | especially those who ran in the upper echelon circles of society. |
| 0:10.5 | In fact, Canadian Business Magazine had Barry Sherman ranked as the 15th wealthiest person in Canada, |
| 0:18.7 | with a fortune valued around $4.77 billion. |
| 0:26.2 | Most of that wealth was amassed through Barry's role as CEO of the generic drug pharmaceutical |
| 0:32.0 | company Apotex, Inc. Barry Sherman fancied himself a sort of Robin Hood in terms of his role in the pharmaceutical |
| 0:40.1 | industry. According to Ann Kingston and Michael Friskalante in their April 5th, 2018 article in |
| 0:48.9 | McLeans entitled The Other Side of Barry Sherman, quote, he touted himself as a patent-busting underdog, |
| 0:57.3 | the courtroom crusader, bravely suing the Merks and Fisers and Bayers of the world, so he could |
| 1:04.2 | provide needy patients with cheaper generics. If we're thieves, we're Robin Hoods, he once claimed, end quote. |
| 1:13.1 | Additionally, per an article in the National Post by Claire Brownwell, Adrian Humphreys, and |
| 1:18.1 | Jake Edmiston, quote, Sherman liked to characterize his fights with the patented drugmakers |
| 1:24.2 | as being in the interest of average people struggling to afford brand-name drugs, |
| 1:30.3 | going as far as accusing the multinational drug companies of raping Canada's health care system, |
| 1:36.6 | end quote. The problem was that Barry Sherman was not seen by everyone as the hero that a Robin Hood character would make him out to be, |
| 1:47.2 | not by a long shot. In fact, he had also made many enemies along the way in his growth of the |
| 1:55.5 | company and his numerous court battles. Former Ontario Parliament member and late physician Morton |
| 2:03.4 | Schulman went so far as to say of Barry Sherman in the same McLean's article that he was, quote, |
| 2:10.8 | the only person I have ever met with no redeeming features whatsoever." End quote. |
| 2:19.0 | It was the dichotomy of the view of the Sherman's, Barry in particular, that was on |
| 2:24.4 | everyone's mind when on December 15, 2017, the bodies of both Barry and his wife were discovered |
| 2:33.9 | by a real estate agent walking clients through |
... |
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