Experiments at the Juelich Cooler Synchrotron (COSY) have now found compelling evidence for a new resonant state in the two-baryon system with mass 2380 MeV and a width of 70 MeV. The structure, containing six valence quarks, constitutes a so-called dibaryon, either a hexaquark or a hadronic molecule. The present knowledge about the dibaryon as well as other implications and possible future experiments are discussed.