A systematic review of molecular representation learning foundation models

Molecular representation learning (MRL) is afoundation in leveraging computational methods for drug discovery, enabling the transformation of molecular structure and properties into numerical vectors. These vectors serve as input for machine learning models and facilitate the prediction and analysis of molecular attributes, functions, and reactions. The advent of foundation models has introduced both new opportunities and challenges to MRL. These models have improved generalizability and migration in scarce data. Through pretraining and fine-tuning, foundation models can be adapted to various domains. Their robust encoding and generative abilities also allow the transformation of molecular data into more expressive forms. This paper provides a detailed review of current mainstream molecular descriptors and datasets, focusing primarily on the representation of small molecules while excluding larger molecules such as proteins and peptides. It classifies foundation models into two primary categories based on the form of input: unimodal-based and multimodal-based models. For each category, representative models are identified and their advantages and disadvantages evaluated. Moreover, we systematically summarize four core pretraining strategies for MRL foundation models, analyzing their task designs, applicable scenarios, and impacts on downstream performance. In addition, the application of molecular representation foundation models in drug discovery and development is discussed, together with the current status of model interpretability. The paper concludes with insights into the future directions of MRL foundation models.