During the past decade combinatorial libraries have emerged as a major tool
for drug discovery and drug development. Especially "one-bead-one-structur
e" libraries can be a powerful means for the discovery of ligands to natura
l and synthetic hosts and vice versa. Encoded combinatorial libraries have
been used to disclose ligands for well-designed macrocyclic host molecules
and to elucidate their specificities for peptide sequences. These studies l
ed via receptors with more flexibility to simple host molecules without ela
borate design that are accessible to combinatorial synthesis. These finding
s opened a realm of possibilities and applications. An intriguing one is th
e development of chemical sensors for analytes that are otherwise hard or o
nly unspecifically detected. Furthermore, such libraries and the techniques
that were developed to handle them have been used to find new catalysts an
d enzyme mimics.