AstraZeneca is set to strike a deal with the Trump administration to lower drug prices, people familiar with the matter told STAT.

More details of the deal are set to be shared at a 5 p.m. announcement with President Trump in the Oval Office. The expected action comes just weeks after Pfizer was the first pharma company to pledge to lower prices in line with what it charges in other countries, setting off a scramble across the sector to ink a deal with the White House.