He's reportedly in talks with Universal to direct The Mummy, the studio's attempt to restart the successful adventure franchise that staggered onscreen in 1999 with Rachel Weisz and Brendan Fraser.
Producer Alex Kurtzman revealed that Wiseman was approached after he saw the director's work on Underworld, the 2003 vampire thriller starring Kate Beckinsale.
"It was presented in this fresh, incredibly cool concept, but it never gave up its reverence for the mythology and that is what inspired us to meet with Len," he told Deadline.
"We’re reaching into the deep roots of The Mummy, which at its beating heart is a horror movie and then an action movie, and putting it into a context that is real and emotional," Kurtzman said.
"Without saying too much, we’ve drawn a lot of inspiration from Michael Crichton’s books, and how he ground fantastical sales in modern day science."
Wiseman added: "They haven’t turned his brain into a monster brain - he still has a personality and is very cunning and calculating. He’s a true character in any form, and in creature form, even if he is that staggering creature, it becomes more important that he’s a thinking, calculating person."
The movie is being produced by Kurtzman and Roberto Orci through their K/O Paper Products conpany and Jon Spaihts, who is best known for his work on Ridley Scott's Prometheus and Chris Gorak's The Darkest Hour, is penning the script.
The project is looking at a summer 2014 release.