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EXHIBIT 23.1
CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the references to our firm under the captions "Selected
Consolidated Financial Data" and "Experts" and to the use of our report dated
January 27, 2000, except for Note 8, as to which the date is June 15, 2000, and
Note 9, as to which the date is July 25, 2000, in Amendment No. 4 to the
Registration Statement (Form S-1) and related Prospectus of Applied Molecular
Evolution, Inc. for the registration of shares of its common stock.
/s/ Ernst & Young LLP
San Diego, California
July 25, 2000
