In my experience, schools don't necessarily look 'more favorably' at chemistry degrees. In looking at my first-year pharmacy class, it appears that the primary major is biochem / biology majors, with MANY 'random' majors (math, mechanical engineering, interior design, psychology, sports medicine, english, genetics, computer engineering). Only 1 chemistry major, who was a double major in biochemistry.
I believe that schools these days are looking more at the emotionally mature, well-rounded person who is good at the sciences in general. Although, I can see how chemistry might make sense. But, in reality, I think you'll see more biochem / biology majors.