‘Vapor’ locked for Bullock, Fiennes

LaBute film based on Filipacchi's novel

Sandra Bullock and Ralph Fiennes have committed to star in Neil LaBute’s “Vapor” for London-based Renaissance Films.

The pic, budgeted just below $30 million, is based on Amanda Filipacchi’s novel about a struggling actress who saves the life of a stranger.

He turns out to be an eccentric scientist who, in a surreal variation of the Pygmalion myth, offers to use his bizarre techniques to transform her into a star. Pic is described by the producers as “a fable of love and pain and humor and surprise.”

Warner Bros., where Bullock has a production deal, is a favorite to pick up North American rights, although three other U.S. distribs are also said to be chasing the project.

Pic, set to shoot in September, was developed by Renaissance with producer Gail Mutrux (“Quiz Show,” “Donnie Brasco”). Renaissance is handling worldwide sales, with company topper Angus Finney acting as exec producer.

The project was packaged by CAA.

LaBute’s most recent movie credits include “The Shape of Things” and “Possession.”

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