We prove that the ideal in complex cobordism ring generated by the polynomial generators of -spherical cobordism ring , viewed as elements in by forgetful map is prime. Using the Baas-Sullivan theory of cobordism with singularities we define a commutative complex oriented cohomology theory , complex cobordism modulo -spherical cobordism, with the coefficient ring . Then any is also regular in and therefore gives a multiplicative complex oriented cohomology theory . The generators of can be specified in such a way that for the corresponding cohomology is identical to the Abel cohomology, previously constructed in \cite{BUSATO}. Another example corresponding to gives the coefficient ring of the universal Buchstaber formal group law after tensored by , i.e., is identical to the scalar ring of the Krichever-Hoehn complex elliptic genus \cite{KR}, \cite{H}.

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