No, the feat only need it's prerequisites only.
But to craft you still need the formula of the item, Alchemist's Lab or access to an equipped alchemical laboratory, at last half of the item money and a lot of downtime.
I believe a walking cauldron would be a good investment.
And I do appreciate your input in the matter.
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I would say that medical researcher replaces alchemical crafting for those few items that can be created (as named in the feat). It would be illogical to require medical researcher (medicine) and alchemical crafting to create items that could be created with alchemical crafting by itself.
You'll still need the formula and a lab to create the items, but no need for crafting or the alchemical crafting skill. A case of specific overriding general. Or otherwise to bad to be true.