The announcement was made Wednesday by Alcon co-founders Broderick Johnson and Andrew Kosove.
The plot is being kept under wraps.
Principal photography is set to begin early next year. Alcon said it will release the film through its output deal with Warner Bros.
"I'm thrilled, and feel very fortunate to have the opportunity to work with Johnny. He is a creative and intelligent artist whom I feel will bring great depth to the character and the overall narrative," Pfister, who has worked on Christopher Nolan's hits "Memento," "Inception" and "The Dark Knight Rises," said in a statement.