I watched this movie around the early 2000’s so it could be a 90’s movie. It was in color, and seems like a fairytale’ish kinda movie, like the brother’s grimm/van helsing. The first point I remember was this half-naked woman(red riding hood style clothing) was found outside a town(in england or america is my best guess) with a large portion of her chest bitten through under her arm. The main 2 men are called in to investigate. When they arrive to the dead woman, one of them pulls out an width measuring device, like for skull measuring, and determines the animal must be of XX weight based on the width of it’s bite mark left behind in the woman’s torso. I remember the end of the movie saying that the beast was smuggled over from africa by a man(the villian I assume) who found the beast as a pup with it’s dead mother and he raised it to be his personal pet. He covered the beast in metal armor to make it appear deformed/scarier, and not of this world but not hinder the animal. Another scene involves the 2 main characters assistant not using guns because they were “too loud/abrasive” and he threw knives like a boss. Beyond that I remember a fight with the villian involving a bone/spine sword, that could be loosened in to a whip like weapon or pulling the wire(within the bones) made the bones snap back in to place and become a sword again. This sound familiar to anyone???
It looks like the French movie Brotherhood of the Wolf
http://www.imdb.com/title/tt0237534/?ref_=nv_sr_1