I can't imagine many biotech firms hiring pharmacists. Theres
some research done by pharmcists in regards to new forumlation
techneques (lipospheres).... but apart from that...

Biotech is a newer area, with many small startup companies.  Their failure
rate is high.  But if they suceed, the opportunities and rewards are better.
Pharma companies do biotech R&D themselves, and make deals with the biotech
companies that succeed in making a product, but lack marketing.

I don't think the slide is entirely accurate.  The economic forces
underlying the industry are very different from those underlying the
computer hardware, software, and networking industries (all of which bear
little resemblance to each other).  However, access to capital in
computer hardware, software, networking, and biotechnology runs on the
same cycle.  High beta (high risk) investments as a group come into and
out of favor together.

Jobs in pharmacies tend to be stable, however, there are many things one
can do with a pharmacy degree, not all of which will be stable.

Anyone studying chemistry today as a major has been seriously misled.
I have been in chemistry 42 years, and I have never seen the job
market in as dismal a shape as it is now. I have six friends who have
been fired or forced to retire in the past two years. I do not know a
single chemist who has gotten a job in his/er field in that time.

I sometimes make a joke of it, but the status of chemistry as a
science is so low that, even when a major new breakthrough is made,
its pioneers give it a name that has nothing to do with chemistry.
Like nanotechnology, for instance.

I am planning the next 10 years to be my last in science before
retiring. I am moving out of the chemical sensors field into
biosensors. Which is to say, I'm changing the name of what I'm doing.
It is still chemistry, and a very hot area, but if we called it by a
better name, biochemical sensors, it would still be sitting at the
starting gate, looking for funding.

Bill Penrose