  The recent discovery of a narrow resonance in the decay $J/\psi \to \gamma p
\bar{p}$ is described as a zero baryon number,
  ``deuteron-like singlet ${}^1S_0 $'' state. The difference in binding energy
of the deuteron (-2.225 MeV) and of the new state (-17.5 MeV) can be accounted
for in a simple potential model with a $\lambda \cdot \lambda$ confining
interaction.
