The COMPASS experiment has obtained first physics results in the field of
polarized distribution functions for quarks and gluons using muon scattering
off polarized deuterons. The analysis using open charm production and pairs of
high pT hadrons is presented. We also have used a transversely polarized
target to address transverse information for quarks inside the nucleon. In
addition, a pilot run with incoming pions taken late 2004 will give first
information on the pion polarizabilities and hadron resonances. The physics
prospects from this run as well as from future data taking in this field are
also outlined.Comment: 10 pages, 11 figures, Proceedings of the Hadron '05 Conferenc