Intel, Nanoelectronics research centre Imec and five Flemish universities announced they will plan a foundation at the ExaScience Life Lab on the Imex campus in Leuven. Janssen Pharmaceutica will collaborate in the future with the foundation. The collaboration will seen to create new supercomputer solutions and generate breakthroughs in life sciences and biotechnology. The universities of Antwerp, Ghent, Leuven, and Hasselt will take part in the project, together with the Free University of Brussels. First, the lab will examine how supercomputers can accelerate the processing of entire genome sequences, which currently takes 48 hours. The lab will also examine the use of computer simulations in the life sciences. Testing hypotheses through computer simulation both cells and tissues instead of through wet-lab testing saves considerable amounts of time and cost associated to lab tests.