Peter Dinklage has signed up to star in the re-imagining of the iconic low-budget comedy “The Toxic Avenger”.

Said to be a “contemporary reimaging” of Troma Entertainment’s successful 1984 low-budget action-comedy, Macon Blair will take the helm on the project. Troma’s Lloyd Kaufman and Michael Herz will serve as producers.

Drawing parallels to an eco-friendly ‘Deadpool’, the original centred on a struggling everyman after he is pushed into a vat of toxic waste, he is transformed into a mutant freak who must go from shunned outcast to underdog hero as he races to save his son, his friends and his community from the forces of corruption and greed.

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The original film spawned a franchise that went on to produce sequels ‘The Toxic Avenger Part II’, ‘The Toxic Avenger Part III: The Last Temptation of Toxie’, and ‘Citizen Toxie: The Toxic Avenger IV’. The property also became a stage musical production, a children’s cartoon TV series and a Marvel comic.

Dinklage is best known for his role as Tyrion Lannister in ‘Game of Thrones’ a role in for which he won a few Emmys. His film credits include Marvel’s ‘Avengers: Infinity War’, ‘X-Men: Days of Future Past’, ‘My Dinner With Herve’ and the thriller ‘I Care Alot’, which premiered at this year’s Toronto Film Festival