A couple from Boca Raton, Florida, have this week welcomed the first commercially cloned dog into their home – at the eye-watering cost of $155,000.

The Ottos were one of five families to bid and win a BioArts auction for a chance to clone their family dog, according to a BioArts statement.

Amazingly the couple had the foresight to store samples of Sir Lancelot’s DNA five years ago in the hope that cloning technology would one day be readily available to those willing to pay.

It’s the first time the procedure has been performed commercially.

After being ‘created’ in South Korea by biotech company BioArts International and weaned by a surrogate mother, Lancelot Encore was delivered personally to the Ottos at Miami International Airport by BioArts Chairman, Lou Hawthorne, on Monday evening.

The new arrival in the Otto house will not be lonely: he joins nine other dogs, four birds, ten cats, and six sheep. Source: Telegraph / Money