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Los Angeles - Guillermo Del Toro is in talks to direct Fantastic Voyage for James Cameron.
The 51-year-old Mexican filmmaker is rumoured to take on the remake of the 1966 sci-fi classic film which is being made by Fox and the Avatar creator's Lightstorm Entertainment company.
The story is based on a team of medical scientists who are shrunk to be sent in a miniature submarine inside the body of a fellow scientist to save his life.
The original movie was directed by Richard Fleischer and starred Raquel Welch, Edmond O'Brien, Stephen Boyd and Donald Pleasence.
See the trailer here:
It revolved around the character Jan Benes - played by Jean Del Val - who perfected the miniaturisation process and was left nearly dead by an assassination attempt after he defected from the Soviet bloc to the West.
Justin Rhodes and The Dark Knight and Man of Steel screenwriter David Goyer will pen the script and have reportedly agreed to stay on if del Toro takes on the project.
The filmmaker - whose other credits include Pan's Labyrinth, Crimson Peak and the Hellboy movies - had been working on the sequel to his 2013 epic adventure Pacific Rim, however Universal Pictures has issued an official statement saying Pacific Rim 2 will no longer be released on 4 August, 2017.
It read: "The filmmakers, Legendary, and Universal Pictures are committed to having Pacific Rim 2, the sequel to 2013's Pacific Rim, which generated more $411m at the global box office, be the vanguard, fully-immersive experience that the franchise deserves. To this end, the decision was made to delay the production and release of Pacific Rim so that the creative team can continue in its efforts to exceed the amazing experience of the first film."
