LTL Management LLC is a North Carolina-based entity formed in October 2021 as part of a corporate restructuring of the former Johnson & Johnson Consumer Inc. The company manages a portfolio of royalty revenue streams derived from third-party sales of products including LACTAID®, MYLANTA®, MYLICON®, and ROGAINE®, with projected annual revenues of approximately $50 million. LTL Management operates as a subsidiary of the newly formed Johnson & Johnson Consumer Inc., overseeing these assets and associated legal liabilities through its headquarters in New Brunswick, New Jersey.