It cannot be consumed by survivors. When fed to tames, it temporarily protects them from any radiation for 120 seconds. Tames cannot be fed another brew until the first one wears off.
Many of the new Aberration creatures are already immune to this radiation, but the following creatures are noteworthy for not being immune: Ravager, Reaper Embryo, Roll Rat. In addition, ie. aberrant versions of normal dinos found on other arks are vulnerable to radiation. See full list of radiation immunity.