Malicious Fallen has been announced for the PS4 and is scheduled to released on the PS4 in Japan at some point in 2017. It will mark the third and final entry to the Malicious series which begun with the PS3 title which was followed up by Malicious Rebirth on the Vita. If you’re unfamiliar with the series the Malicious games are essentially boss rush games where you control a character known as a Spirit Vessel to fight waves on enemies and a giant boss in an arena style map.
Malicious Fallen will feature the Slayer chapter from the original Malicious and the Rebirth chapter from Malicious Rebirth. It is unknown when, if ever, Malicious Fallen will be released outside of Japan.
Source: Gematsu