The main purposes of the Society are:
- to encourage research and training in the fields of application to pharmacology of electrophysiological and neurophysiological methodologies;
 - to promote or organize scientific meetings and related activities;
 - to foster relationships with other scientific societies; and
 - to develop principles of training and guidelines for the application of these methodologies.
 
The current board members
- 
		
		President
dr Martin Brunovsky, M.D., Ph.D. - 
		
		Vice-President
dr Sebastian Olbrich, M.D. - 
		
		Past President
prof dr Pim Drinkenburg, Ph.D. - 
		
		Treasurer
dr Marcel Zeising, M.D. - 
		
		Secretary
dr Steven Leiser, Ph.D. - 
		
		Communications & Outreach
dr Natalia Jaworska, Ph.D. 
History
During meetings in Berlin, organized by Stille and Hermann to develop guidelines for pharmaco-EEG analysis, the IPEG was established in 1980, followed by its first formal meeting in 1982 and the designation of Neuropsychobiology as its official scientific journal.
The IPEG organizes a biennial meeting that includes an international scientific Symposium as well as Training Course for new and advanced researchers in this field.