I have seen the Landweber exact functor theorem beeing used to retrieve cohomology theories, in particular singular cohomology and K-Theory. However the statement of the theorem itself is always homological.
But how does one deal with the fact, that the tensor product is in general not compatible with direct products. If we consider the example of singular cohomology, i.e. $\mathbb{Q}$ with the additive group law $X+Y$ and note that $\mathbb{Q}$ is not finitely presented over $MU^*(pt)=\mathbb{Z}[x_1,\ldots]$, I don't see why $$ X \mapsto MU^*(X)\otimes_{MU^*} \mathbb{Q} $$ should satisfy additivity.
So is there a cohomological version of the exact functor theorem?