There is enormous potential for the discovery of innovative cancer drugs wi
th improved efficacy and selectivity for the third millennium. In this revi
ew we show how novel mechanism-based agents are being discovered by focusin
g on the molecular targets and pathways that are causally involved in cance
r formation, maintenance and progression. We also shaw how new technologies
, from genomics through high throughput bioscience, combinatorial chemistry
, rational drug design and molecular pharmacodynamic and imaging techniques
, are accelerating the pace of cancer drug discovery. The process of contem
porary small molecule drug discovery is described and progress and current
issues are reviewed. New and potential targets and pathways for therapeutic
intervention are illustrated. The first examples of a new generation of mo
lecular therapeutics are now entering hypothesis-testing clinical trials an
d showing activity. The early years of the new millennium will see a range
of exciting new agents moving from bench to bedside and beginning to impact
on the management and cure of cancer. (C) 1999 Published by Elsevier Scien
ce Ltd. All rights reserved.