If you are getting trying to get your phosphates to go down, then I don't see why not.
From what I understand, Vodka dosing is a really powerful way to reduce Nutrients including phosphates. Using a P04 remover will reduce the P04 to a point to which the chemistry will kill off the Zooxanthellae in the coral. Doing this will keep the coral from being able to support nutrients for itself.
Should you run it? I don't know, I've not even tried vodka dosing yet.