Scott Burns wrote the script for the pharmacology thriller
Also read: Steven Soderbergh Says He's Going to Retire
A studio has not yet been announced.
The thriller deals with psychopharmacology.
Soderbergh, who in March said he would be calling it quits from the film business after shooting the HBO Liberace biopic "Behind the Candelabra" and the George Clooney movie "Man from U.N.C.L.E.," recently exited the latter.
Warner Bros. said it remains committed to adapting the Sixties espionage series into a film.