<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-06-02</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001145404</issuerCik>
        <issuerName>CRITICAL THERAPEUTICS INC</issuerName>
        <issuerTradingSymbol>CRTX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001291804</rptOwnerCik>
            <rptOwnerName>George Jean</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CRITICAL THERAPEUTICS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>60 WESTVIEW ROAD</rptOwnerStreet2>
            <rptOwnerCity>LEXINGTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02421</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001294514</rptOwnerCik>
            <rptOwnerName>Advanced Technology Ventures VI, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 WINTER STREET, SUITE 3700</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WALTHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02451</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001294521</rptOwnerCik>
            <rptOwnerName>ATV Entrepreneurs VI, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 WINTER STREET, SUITE 3700</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WALTHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02451</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001294971</rptOwnerCik>
            <rptOwnerName>ATV Alliance 2003, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 WINTER STREET, SUITE 3700</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WALTHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02451</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001294513</rptOwnerCik>
            <rptOwnerName>ATV Entrepreneurs VII, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 WINTER STREET, SUITE 3700</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WALTHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02451</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001138942</rptOwnerCik>
            <rptOwnerName>ADVANCED TECHNOLOGY VENTURES VII LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>281 WINTER ST</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 350</rptOwnerStreet2>
            <rptOwnerCity>WALTHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02451</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001294525</rptOwnerCik>
            <rptOwnerName>Advanced Technology Ventures VII(B), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 WINTER STREET, SUITE 3700</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WALTHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02451</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001294527</rptOwnerCik>
            <rptOwnerName>Advanced Technology Ventures VII(C), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1000 WINTER STREET, SUITE 3700</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WALTHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02451</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-06-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1904759</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1904759</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Series B Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-06-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>7142856</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1904759</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Automatic conversion of every 3.75 shares of Series B Convertible Preferred
Stock into 1 share of Common Stock upon the closing of the Issuer's initial
public offering.</footnote>
        <footnote id="F2">The shares are held as follows: 1,527,100 by ATV VII, 61,281 by Advanced
Technology Ventures VII(B), L.P., 29,456 by Advanced Technology Ventures VII(C),
L.P., 9,100 by ATV Entrepreneurs VII, L.P., 5,714 by ATV Alliance 2003, L.P.,
255,782 by Advanced Technology Ventures VI, L.P. and 16,326 by ATV Entrepreneurs
VI, L.P. These shares are held directly by the Funds which are managed by their
respective General Partners. Ms. George is a managing director of the General
Partner of ATV VII and its affiliated funds. Ms. George disclaims beneficial
ownership of the shares held by the Funds, except to the extent of her pecuniary
interest therein.</footnote>
    </footnotes>

    <remarks>This Form 4 is filed by Jean George (&quot;Ms. George&quot;) and Advanced Technology
Ventures VII, L.P. (&quot;ATV VII&quot;), Advanced Technology Ventures VII(B), L.P.,
Advanced Technology Ventures VII(C), L.P., ATV Entrepreneurs VII, L.P., ATV
Alliance 2003, L.P., Advanced Technology Ventures VI, L.P. and ATV Entrepreneurs
VI, L.P. (collectively, the &quot;Funds&quot;). Ms. George and the Funds are sometimes
referred to herein as the &quot;Reporting Person.&quot; The address of the principal
business office of each of the Reporting Persons is 1000 Winter Street, Suite
3700, Waltham, MA 02451.</remarks>

    <ownerSignature>
        <signatureName>By: /s/ Jean M. George</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Advanced Technology Ventures VII, L.P. By: ATV Associates VII, L.L.C. By: /s/ Wesley Raffel</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Advanced Technology Ventures VII(B), L.P. By: ATV Associates VII, L.L.C. By: /s/ Wesley Raffel</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Advanced Technology Ventures VII(C), L.P. By: ATV Associates VII, L.L.C. By: /s/ Wesley Raffel</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>ATV Entrepreneurs VII, L.L.C. By: ATV Associates VII, L.L.C. By: /s/ Wesley Raffel</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>ATV Alliance 2003, L.L.C. By: ATV Associates VII, L.L.C. By: /s/ Wesley Raffel</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Advanced Technology Ventures VI, L.P. By: ATV Associates VI, L.L.C. By: /s/ Wesley Raffel</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>ATV Entrepreneurs VI, L.L.C. By: ATV Associates VII, L.L.C. By: /s/ Wesley Raffel</signatureName>
        <signatureDate>2004-06-04</signatureDate>
    </ownerSignature>
</ownershipDocument>

