White House press secretary Karine Jean-Pierre will hold a press conference following President Joe Biden's administration's efforts to lower prescription drug costs.

The briefing comes after Biden announced a list of 10 drugs for which prices will be negotiated directly with the manufacturer. The administration released the list on Tuesday.

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“For many Americans, the cost of one drug is the difference between life and death, dignity and dependence, hope and fear,” Biden said in a statement. “That is why we will continue the fight to lower healthcare costs — and we will not stop until we finish the job.”

The drugs on the list accounted for more than $50 billion in Medicare prescription drug costs between June 1, 2022, and May 31, according to the Centers for Medicare and Medicaid Services.

The price negotiations are a large component of Biden's reelection campaign, particularly as he touts "Bidenomics" and his ability to lower costs for the public while struggling to combat inflation.

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Biden and Vice President Kamala Harris will speak at a press conference at 2 p.m. following Jean-Pierre's briefing.

The White House press briefing will begin at 1 p.m. on Tuesday.