One of Nashville’s few medical device companies, Symmetry Surgical becomes the area’s 14th publicly traded health care company after a $120 million IPO on the NASDAQ.

The IPO comes on the heels of Symmetry Medical’s divesture of its original equipment-manufacturing unit for $450 million. The company will change its focus to providing surgical devices under the name Symmetry Surgical.

President and CEO Tom Sullivan’s company is an important, rare medical device company for Middle Tennessee.