Tylenol is owned by Kenvue, a company that was spun off from Johnson & Johnson in 2023. Kenvue is an independent consumer health company that manages several well-known brands including Tylenol, Listerine, Neutrogena, and Band-Aid. Johnson & Johnson originally owned Tylenol through its acquisition of McNeil Laboratories in 1959, but now Kenvue holds ownership after the corporate spin- off and Johnson & Johnson's gradual divestment from Kenvue.
