According to Variety, Twentieth Century Fox and Canal Plus have reached a deal to co-finance Babylon A.D., a big-budget futuristic thriller to be directed by Mathieu Kassovitz from his script.

Inspired by Maurice Dantec novel "Babylon Babies," story is set in the near future and concerns genetic manipulation. In the book, a mercenary charged with delivering a young woman from Russia to Canada learns that she has been manipulated by a synthetic virus and what lies inside her could doom the human race.

Before he makes Babylon, Kassovitz will act in an untitled drama Steven Spielberg will direct this summer about the aftermath of the Munich Olympics. Kassovitz joins Eric Bana, Daniel Craig and Geoffrey Rush. DreamWorks and Universal are partnering on that pic.

The pic will shoot in Eastern Europe and Canada in February.