'Suganomics' puts spotlight on potential of fertility drug makers

Japan PM's initiative to subsidize treatments helps pharmaceutical stocks surge

Baby Nikkei 20201016

Prime Minister Yoshihide Suga's support for women trying to have babies could drive market growth for obstetric and gynecological drugs. (Photo by Uichiro Kasai)

MACHIKO OKADA, NQN staff writer

TOKYO -- Stocks of midsize Japanese pharmaceutical companies have become beneficiaries of market expectations over "Suganomics," Prime Minister Yoshihide Suga's policy initiatives.

Investors started scouring the market for stocks that could ride on the momentum of the new leader's agenda even before he became prime minister.

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