Yes it will.

However, I have noticed you have checked the box for DAZ morphs on the preview image of injection magic, (not sure if this is default?)

If you are going to use DAZ morphs and redistribute the morph inj and rem files then you wont be able to use the svdls python script, as you will be infringing on the DAZ EULA as the files you create will include information from the morphs pack

If it's for your own use or the morph is made in something like argyle or zbrush (or used the poser morph facility) then you are ok to use it as its your own creation from scratch.

To use, Install the python script and run it after you have loaded morph target in the properties tab of the parameter window. it will ask the name you want to call the morph, select a channel PBMCC_1 to 50, paths you want to save your inj and rem files, generate the morph and the files should be where you have asked it to go. You will then need to create a thumb it doesnt generate that.

Also I believe there is a readme in the download for more info

Tools:- Win10, Dell XPS8900, ZBrush, Marvelous Designer 11, Hex 2, PSP8. PSP 2019 Ultimate, DAZ Studio, Affinity Photo, Affinity Designer, Filterforge 11, flowscape,  Classic UVMapper, and several headache tablets.