Hi Muz,
No you are not off target at all. I've been thinking along the same lines for quite some time. Interested to hear your thoughts.
Have a read of these few links and then the excellent review below.
http://phylogica.com/display/index/technologies-phylomer-peptides
http://phylogica.com/display/index/phylomer-libraries
http://www.phylogica.com/media/articles/Technologies---Publications/20090915-PM-Watt--TK-Heinrich--WR-Thomas-404/WattPM.pdf
Tony
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