1) Researchers developed a consensus fingerprint data mining method using 400 medicinally relevant functional groups to classify molecules and mine databases. 2) The method was validated on a dataset of over 300,000 compounds classified into 538 biological target classes, showing an average of 37.7-87.9% of active compounds recovered within the top hits. 3) Using a consensus approach that overlapped the functional group fingerprint predictions with Daylight fingerprint predictions resulted in a 50% reduction in false positives compared to the individual methods.