As far as i know, it's a purifier with simmular properties as active carbon.. Tho several times regenerable, by soaking it in bleach it still aint as miraculoes as presented. It depends a bit on how stained the water is and how effective purigen will clean it.
For example i once did setup a tank with +/- 17 kilo Mopani wood, the water was coffee brown within days.. Thought perfect to test a bag of Purigen, stated to be used for a tank twice the size. Also the Purigen was coffee brown within a week without any visible effect on the water. The tank stayed coffee brown stained for over 6 months by the than the bag of purigen was done regenerating.
Bottom line, in my case, don't know why i bought it.. And it was relatively expensive too.. Imho, not worth the money.. Water changes are more effective and cheaper.
Opinion and experiences ofcourse vary a lot, since we all setup tanks differently regarding what can leach stuff in the water and color it. If in your case coloring is the main reason why you ask.
But in anyway i hold my ground.. Consider if you do a weekly 50% water change you purify more than Purigen does. Consider the price of 1m³ water and the price of a bag of purigen and it's life time. You might be cheaper off doing a bit extra or higher volume water changes. Example i pay € 18.50 for 100 gram purigen with bag. And € 0.67 for 1m³ tap water. That's about 28m³ tap water or 280 x 100% water change..