Nikkei flat as profit worry hit drugmakers, yen helps

(Updates to midmorning)

TOKYO, Feb 27 (Reuters) - The Nikkei average stayed flat on Friday, with exporters helped by a weaker yen but drugmakers such as Eisai falling after President Barack Obama's budget proposal sparked worries about their profit outlook.

The market received support from data showing Japan's industrial output in January was in line with a median market forecast, even though the fall of 10.0 percent from the previous month was the biggest drop on record ...