On November 12, 2021, Johnson & Johnson announced that it would spin off its consumer health division as a separate company, in an effort to streamline operations.[3] The new company would assume well-known consumer brands such as Aveeno, Band-Aid, Neutrogena, and Tylenol, while Johnson & Johnson would focus on its pharmaceutical and medical device sectors
https://en.m.wikipedia.org/wiki/Kenvue
Interesting, so a consumer division vs. pharmaceutical division. Makes sense! Weird this is how I found out…
Makes sense when you understand limited liability.
Such a horrible spinoff name. Sounds like Sears’ Kenmore.
I thought it was CBS’ answer to Barbie TV….