IFC Films has picked up US rights to Na Hong-Jin's South Korean box office hit The Chaser, which plays as a midnight film in official selection.

The Chaser centres on a corrupt detective turned pimp who races against time to find a young woman kidnapped by a serial killer.

IFC's director of acquisitions and production Elizabeth Nastro negotiated the deal with Finecut CEO Youngjoo Suh.

'There's a reason that this film is already being remade,' IFC president Jonathan Sehring said. 'It's an ingeniously plotted twist on the serial killer genre.

'We are thrilled to introduce Na Hong-Jin to an American audience and hope this is the beginning of a long relationship.'