Troma founders Lloyd Kaufman and Michael Herz, who directed the 1984 movie, will produce the new film project.

The original pic told the story of a mild-mannered young man named Melvin who becomes a disfigured radioactive hulking mess after falling into a vat of toxic waste. He uses his newfound form to brutally fight bad guys. The movie went on to become Troma's biggest success, launching several sequels and even a children's cartoon. The character is also Troma's mascot.

Alex Garcia and Jay Ashenfelter will oversee for Legendary.

No writer or filmmaker is currently attached.