BOSTON, MA, October 25, 2011--The Pistoia Alliance, a precompetitive alliance of life science companies, technology vendors, publishers, and academic groups, has launched the Pistoia Alliance Sequence Squeeze competition to find the best algorithm for compressing next-generation sequencing (NGS) data. The winning entrant will receive a prize of US$15,000, which will be awarded by a prestigious judging panel that includes representatives from the BGI and the Wellcome Trust Sanger Institute.