New York-based Bertha Bay-Sa Pan has launched Slew Pictures to focus on making 'universal stories that will both entertain and inspire' and has lined the company's first feature, Almost Perfect.

Pan wrote and will direct the story in New York this autumn of a young career woman who tries to pick her way through her complicated family and discover what she needs in life.

Will Yun Lee, who appeared in Pan's 2002 drama Face as well as Die Another Day and Torque, will star. Pan is producing with Jim Chu and Derrick Tseng alongside post-production house Cineric.

Pan said that New York state's recent move to raise its refundable tax credit to 30% plus the city's additional 5% refundable tax credit made the city an even more attractive place to locate the shoot.

Slew Pictures is also in pre-production on the family drama Fighting Fish written and directed by Annette Apitz, which Pan will produce with Derrick Tseng and has been scheduled to shoot later this year in New York.

The slate include Aaron Jack Rudelson's Norman Pinski Come Home and Centre Street Films' The Tiger Ate The Snow.

'We are dedicated to telling stories with heart and intelligence that cross international borders, and making the collaborative process as fun as the results,' Pan said.

Slew Pictures is backed by private investors and Pan said budgets would tend to be in the low to middle range but may climb on international co-productions.