who owns tylenol company

Tylenol is owned by Kenvue, a company that was spun off from Johnson & Johnson in 2023. Kenvue is now the independent manufacturer and owner of the Tylenol brand. Originally, Tylenol was introduced by McNeil Laboratories, which Johnson & Johnson acquired in 1959 before spinning off the consumer health division into Kenvue. Kenvue operates as a standalone consumer health company producing Tylenol along with other well-known consumer brands like Band-Aid and Listerine.