Question There is any possibility of new compound or element

[pruthvi]

It is definitely possible, in a very hot and active part of the universe. In order to discover these elements, there would have to be a lot of waiting for these elements to form. Our solar system isn't active enough
The element are formed in earth as per the environment but different planet may have different element which lead to a life in different manner.
for example
A silicon based organization may formed due to there different environment