Some drugs show unusual behavior in the body when a large portion of the drug binds tightly to specific targets, a process known as target-mediated drug disposition (TMDD). While TMDD can occur in both large and small molecules, it was overlooked in small molecules until the past decade. Renewed interest in small-molecule TMDD has emerged with the development of more potent compounds and advances in bioanalytical techniques. In drug development, small-molecule TMDD often leads to nonlinear pharmacokinetics (PK), making it difficult to predict the relationship between dose, drug concentration, and response. In drug discovery, TMDD remains underrecognized, even though it can influence lead compound selection, dose selection, and later stages of development. To better understand TMDD across the drug development pipeline, this thesis integrated pharmacometrics modeling and mass spectrometry (MS)-based proteomics to investigate TMDD in drug (1) development and (2) discovery. A dual TMDD-pharmacodynamic (PD) model was developed for clofutriben, an HSD-1 inhibitor, capturing nonlinear PK/PD in hepatic and adipose. PF-07059013, a sickle hemoglobin modulator, was evaluated using a semi-mechanistic model to describe a novel form of TMDD, where nonlinear PK resulted from positive cooperative binding to hemoglobin. Both models supported rational dose selection. Additionally, proteomics quantified HSD-1, MAO-B, and sEH levels across species and proposed a human target capacity range (1000 10000 nmol) predictive of TMDD-driven nonlinearity. A minimal PBPK model demonstrated how target-mediated low plasma exposure can complicate lead candidate evaluation. Collectively, this work improves the mechanistic understanding of small-molecule TMDD and guides dose selection and compound optimization.