Tylenol is owned by Kenvue (the United States, NYSE: KVUE), which was separated from Johnson & Johnson on 23 August 2023.[1][2] Before Kenvue, Tylenol was owned by Johnson & Johnson from 1959 to 2023.[2]
Tylenol is an acetaminophen pain reliever launched in 1955 and sold as an aspirin alternative for people who could not tolerate it. Seven deaths from cyanide-laced capsules in Chicago in 1982 led to the recall of 31 million bottles and produced the tamper-evident packaging now standard across the industry.
Kimberly-Clark agreed to acquire Kenvue in a cash and stock transaction that would combine Huggies and Kleenex with Tylenol, Listerine and Neutrogena. The deal is subject to shareholder and regulatory approvals.
Johnson & Johnson separated its consumer health business as Kenvue, which listed in May 2023 and was fully split off through an exchange offer completed on 23 August 2023. Tylenol, Band-Aid, Listerine, Neutrogena and Johnson's Baby all moved to the new company.