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This method of testing new drug ideas against many thousand compounds - High Throughput Screening (HTS) - is likened to searching for a very small needle in a very large haystack.
BBC: Science of life in the economy
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High-throughput screening uses robots to test the actions of thousands of compounds against a molecular disease target (itself identified by genomics).
FORBES: A hail of silver bullets
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Instead of making drugs, they would use the high-tech tools of gene chips, high-throughput screening, combinatorial chemistry (the rapid mixing and matching of chemicals) and bioinformatics (software that analyzes data)--to develop entirely different compounds.
FORBES: Breaking a Sweat