I'm trying to find a movie from the 80's or 90's where a scientist has a bad accident and he is rebuilt by his?

The guy is rebuilt by his colleagues and mayhem ensues. He "bleeds" a white fluid that keeps him alive. He's just like a cyborg/robot thing. I remember seeing it 15 years ago as a teenager on either USA networks up all night or on the Fox Chicago affiliate WFLD 32 hosted by Svengoolie or Rich Koz whatever he was then.