Diagnosing and fixing common problems in Bayesian optimization for molecule design

Bayesian optimization (BO) is a principled approach to molecular design tasks. In this paper we explain three pitfalls of BO which can cause poor empirical performance: an incorrect prior width, over-smoothing, and inadequate acquisition function maximization. We show that with these issues addressed, even a basic BO setup is able to achieve the highest overall performance on the PMO benchmark for molecule design (Gao et al, 2022). These results suggest that BO may benefit from more attention in the machine learning for molecules community.