Target and lead discovery constitute the main components of today's early p
harmaceutical research. The aim of target discovery is the identification a
nd validation of suitable drug targets for therapeutic intervention, wherea
s lead discovery identifies novel chemical molecules that act on those targ
ets. With the near completion of the human genome sequencing, bioinformatic
s has established itself as an essential tool in target discovery and the i
n silico analysis of gene expression and gene function are now an integral
part of it, facilitating the selection of the most relevant targets for a d
isease under study. In lead discovery, advances in chemoinformatics have le
d to the design of compound libraries in silico that can be screened virtua
lly. Moreover, computational methods are being developed to predict the dru
g-likeness of compounds. Thus, drug discovery is already on the road toward
s electronic R&D.