Hello,
I'm a PhD student and a foreign-trained pharmacist.
PharmD/PhD is a good combination for those who are seriously interested in research and teaching. PharmD component makes you more marketable for positions in clinical research and drug industries. PhD is a must if you want to move up the ladder in research in academia and in industry research certainly, but recently I talked with someone from industry and they said "Without an MD, you can move up only so much even in industry. They (MDs) are really the kings in healthcare field."
You can teach with a PharmD. Pharmacy faculty are always going to be in shortage. I'm not sure if a PhD is a must in getting tenure, but its certainly a helpful degree when it comes to teaching career.
I'm interested in teaching too, but I'm not interested in fighting for money in the ever-shrinking pool of grant/funding. So, I thought, I'll just teach pharmacy kids with my RPh and PhD background. I found out that it may not be possible. They not only want you to teach but they want you to bring in grant money to their school. If you are a bad teacher, they might even tolerate you, but they certainly have a problem if you are not willing to do research for them (the school). Getting tenure is difficult no matter what, whether you are only PharmD or PhD or PharmD/PhD. Hope this answers your question.
My impression has been that a lot of PharmD positions in pharma industries go unfilled, simply because of monetary reasons. There is more money in retail than industry for pharmacists so with a PharmD/PhD, some paper publications, you should be a good candidate for industry and you can even apply to other positions like MSL with your pharmacy background.
