I'm familiar with elemental rubidium, and all I can really say is that is has pretty much the same chemistry as sodium and potassium since it is in the same column of the periodic table. I do not know of any biological processes off-hand which depend on rubidium, but I know that it can take the place of sodium and potassium in many chemical processes. (Kind of like how plutonium is biologically and radiologically lethal since it can mimic calcium in the body and take it's place in your bones and tissues).