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Quip: Aggressive compression of FASTQ, SAM and BAM files.

https://github.com/dcjones/quip

This will help us to reduce the amount of drive space we take up and decrease data transfer times

Quip compresses next-generation sequencing data with extreme prejudice. It supports input and output in the FASTQ and SAM/BAM formats, compressing large datasets to as little as 15% of their original size.