Itsuno announced officially the game is in production
Timestamp of the reveal thanks u/GuiltIsLikeSalt
Capcom confirms it will use the RE Engine:
Big Box Edition ($60) - https://limitedrungames.com/collections/all-games/products/teenage-mutant-ninja-turtles-shredders-revenge-pc-big-box-edition-pc
Radical Edition ($190) - https://limitedrungames.com/collections/all-games/products/teenage-mutant-ninja-turtles-shredders-revenge-radical-edition-pc