Shock Till You Drop got to the bottom of things by going to producer Ray Haboush:
“This current rumor about Elisha Cuthbert appearing in the remake of Re-Animator is just that – a rumor,” he says. “Actually the whole idea that we are remaking the movie this summer, in Spain nonetheless, is completely off base … especially as no talent – writer, director, nor actor – has been attached to this project in any capacity whatsoever. We have been discussing amongst ourselves the idea of remaking Re-Animator in 3D; however, at the moment it is still only a concept. For now, all of Brian [Yuzna]’s attention is focused on prepping Amphibious, a creature feature to be shot in 3D, that he’s directing next month in Southeast Asia.”
And there you have it. Case closed. For now.