If a Pitt applicant is admitted to the Conditional Acceptance program, there is no “competitive” admissions process. This is essentially a 2+4 program (2 years pre-pharm + 4 years pharm) Yes, the conditional acceptance is just that, and requires completion of the required pre-pharm course with a satisfactory GPA. The PCAT requirement is a requirement to take the PCAT - there is no minimum score required. If you do your part, you’re in.
Now, yes if a student is applying to PItt Pharm as an open candidate, without having the Conditional Acceptance, then it certainly is competitive and requires a competitive PCAT score as well as a competitive GPA.
~35% of the graduating class of 2014 went into residency and/or fellowships.