Understanding the Elephant Shark
The National Institutes of Health have awarded a $5 million grant to a research group in Singapore to
sequence the DNA of the elephant shark, apparently because its rare genome is probably much more compact (if that's the right word) than those of most sharks.
Never heard of
the elephant shark? It looks like this...

Believe it or not, we have quite
a lot of DNA in common with the elephant shark, and by studying its DNA scientists hope to better understand the etiology of certain diseases in humans.