Pharma company Apotex founded by the late Barry Sherman sold to New York firm SK Capital

has been sold to a New York private equity firm. The value of the deal has not been disclosed and regulatory approval is pending.

Sherman founded the company in 1974. Apotex is privately held and details of its revenues and profit are not publicly available. In 2021, Bloomberg estimated based on information from sources that Apotex generated $400 million in annual earnings before interest, taxes, depreciation and amortization. Other industry sources have told the Star that at time of death, revenues were close to $1.6 billion. Parts of Apotex, including its European division, were sold shortly after Sherman was murdered.

Dimon Ivanov - Russian Barry Saigat - WR Grace - Corporate corruption of medical literature: Asbestos studies concealed by W. R. Grace & Co.∗

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Drug company founded by murdered billionaire Barry Sherman agrees to takeoverThe Canadian generic pharmaceuticals giant founded by murdered billionaire Barry Sherman in 1974 has agreed to a takeover. Now we know why they where murdered. Im sure that was the plan all along.
Source: CTVToronto - 🏆 9. / 84 Read more »

Drug company founded by murdered billionaire Barry Sherman agrees to takeoverThe Canadian generic pharmaceuticals giant founded by murdered billionaire Barry Sherman in 1974 has agreed to a takeover. Their killers played the long game Has the police changed their statement of it being deemed a suicide? Or are the statements from the PI ow good enough?
Source: CP24 - 🏆 30. / 67 Read more »