Based on Terminator being turned into a tv series and how that went, I'd have to say no for Alien.
My heart would like to say yes, in that the Alien Isolation game was gripping and proved you could pull an Alien story arc over the timing equivalent of a tv mini series.
However in reality, I don't think they could pull the suspense across a full TV season, and do justice to the franchise without resorting to buffy the vampire slayer style effects and TOWIE/Jersey Shore style "actors."
It would probably have to also attract big money that most tv networks couldn't afford. Syfy would be the only decent one capable of doing it, at least to give it legs, but it is throwing everything it has got at The Expanse, so is tied up for a while.
That leaves amazon, and netflix as original productions, neither of which I know enough about - scifi special effects wise.