I recently read this report from BCG, which stated:
For scientists trying to design a compound that will attach itself to, and modify, a target disease pathway, the critical first step is to determine the electronic structure of the molecule. But modeling the structure of a molecule of an everyday drug such as penicillin, which has 41 atoms at ground state, requires a classical computer with some $10^{86}$ bits—more transistors than there are atoms in the observable universe. Such a machine is a physical impossibility. But for quantum computers, this type of simulation is well within the realm of possibility, requiring a processor with 286 quantum bits, or qubits.
Along with this resource estimate for penicillin, I've also seen similar mentions of the number of qubits required to model the ground state of caffeine (160 qubits). Given that the above report offers no reference(s) (probably in the name of business intelligence) and much Internet searching and looking into the quantum chemistry literature has come up short, my question is: Where are these resource estimates coming from – is there a journal article that published these numbers? I would really like to identify the methodology and assumptions used in making these estimates.