Mechanically will it work?
I will let others speculate on whether it will work mechanically.
Thematically it does not work at all.
Pandemic Iberia is set in 1848. At that time we are over 100 years away from anything that even begins to resemble the kind of concepts and lab techniques found in ITL. In 1848 there is no concept of a genome. So the event cards like 'sequencing breakthrough' make no sense. Techniques like "characterizing" and "processing" and "sequencing" a disease don't even make sense for the time period. The ITL roles don't make much sense either. Being a virologist isn't even a possibility at the time.