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Alex Alexandrov

Pre-market: Critical Therapeutics gets FDA approval

Lexington, Mass.-based Critical Therapeutics, Inc. (Nasdaq: CRTX) announced this morning that the U.S. Food and Drug Administration approved its drug for the treatment of Chronic Obstructive Pulmonary Disease (COPD).  Nevertheless, shares are down $0.03, or 2%, to $1.65.

End-to-end electronics manufacturing services SMTC Corp. (Nasdaq: SMTX) reported this morning that its first-quarter net income was $2.8 million, or $0.19 per share, approximately three times net income reported in the first quarter 2006.  Analysts were expecting earnings of $0.05 per share.  The Canadian company’s stock is up $0.03, or 1%, to $3.07.
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