The 21-year-old Brazilian needed surgery on his shoulder following a challenge with Swansea City's Ashley Williams in mid-September.
"He's been given the all clear by the specialist to come in," manager Brendan Rodgers told reporters at a news conference on Thursday.
"He's been training for the last few weeks, so he'll come back into the squad."
Liverpool are third in the league with 20 points, two behind Arsenal and level on points with Chelsea.
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