Ulster are set to have captain, Johann Muller, back on board for the PRO12 game against Ospreys next month.
The South African lock has been out since early December with a broken arm, but is expected to return to the side for that game for the league leaders.
However, while there is some good news on the injury front, it looks as though Irish winger is set to miss the Heineken Cup quarter-final against Saracens on the weekend of April 6.
Ulster head coach, Mark Anscombe, said this week it was “unlikely” Bowe - who has a knee operation last month - would be ready.
“We do not see Tommy being back playing at that stage. It would probably just be too soon.
“You have to be careful with these injuries, not to push people back too early. You have to think of the longer term,” added Anscombe.
While Jared Payne (groin) and Nick Williams (knee) will miss the remainder of the February programme - Williams likely to be back towards the end of March - lock Dan Tuohy and centre Luke Marshall, are both likely to be involved in the home game on February 9 against The Ospreys.
Roger Wilson suffered a hamstring strain against Castres last weekend in the Heineken Cup tie and Ulster are still awaiting definitive news on him following a scan earlier this week.
Certainly he may be available for the visit of the Welsh region, but again Ulster will not risk him given the situation with Williams.
There was good news on two fronts when Anscombe revealed Stephen Ferris could be back in the middle of February.
That will not only be a boost for Ulster, but also Ireland as they start their Six Nations campaign.
Ferris’ return to playing would be expected to be for Ulster either against Ospreys or a week later against Zebre in the PRO12.