During the second half of the 20th century, Molecular Computations have rea
ched to a level that can revolutionize chemistry. The next target will be s
tructural biology, which will be followed soon by Molecular Medicine. The p
resent paper outlines where we are at, in this field, at the end of the 20t
h century, and in what direction the development may take in the new millen
nium. In view of the gigantic nature of the problem, it is suggested that a
suitably designed cooperative Millennial Mega-project might accelerate our
schedule. (C) 2000 Elsevier Science B.V. All rights reserved.