Bowden is writing the screenplay, while "White Jazz" and "Smokin' Aces" filmmaker Joe Carnahan is set to direct.
"Batman Begins" star Christian Bale is in talks to play Maj. Steve Jacoby, part of the military team that hunted the drug cartel leader down.
Development on "Killing Pablo: The Hunt for the World's Greatest Outlaw," began nearly five years ago.
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