Not really. Sector 0 (and track 0) is one of the few totally indispensible parts of a floppy disk, where the volume ID and a great deal of other information specific to that disk is kept. If that sector or track can't be written to reliably, the disk is declared bad. Given how cheap floppies are, it's just easier to discard it and get a new one.
This was first published in March 2004