Johnson & Johnson has announced the resignation of DePuy Orthopaedics president David Floyd, who led the hip-implant manufacturing operation since 2007. DePuy has been grappling with recalls and lawsuits over it ASR XL Acetabular hip implant system and ASR Hip Resurfacing System, which have been implanted in about 40,000 Americans and an additional 53,000 patients worldwide. Johnson & Johnson says that Mr. Floyd is leaving “to pursue other interests outside the company,” but the timing of his departure, effective at the end of March, suggests Johnson & Johnson is seeking new leadership for DePuy as lawsuits against the companies mount. ... Read More
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