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QUOTED. 22 February 2021. Alex Gorsky.

Executive Summary

The four major orthopedic companies have seen significant reductions in fourth-quarter revenues due to the delay of elective procedures amid the resurgence of COVID-19 cases. See what Johnson & Johnson’s CEO Alex Gorsky said about it here.

“The knee market was perhaps hit more than others, just because many of those procedures can be delayed perhaps versus a hip procedure. But we would expect that to return over the course of this year, as we see the pandemic dealt with in a more effective way and things hopefully return to a more normal state.” – Alex Gorsky, CEO, Johnson & Johnson

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