A novel stability-indicating high-performance liquid chromatographic assay method was developed and validated for valacyclovir in the presence of degradation products generated from forced decomposition studies. A Hypersil ODS C-18 (250 x 4.6 mm, packed with 5 micron) column in an isocratic mode with the mobile phase - acetonitrile: phosphate buffer (pH- 3.6) (50:50%v/v) was used. The flow rate was 0.8ml/ min and the detection was done at 252 nm. The retention time was found to be 2.850min. The linearity range was found to be 0.5 - 200 mg/ml. The present method is also useful for the estimation of valacyclovir in pharmaceutica l dosage forms. The proposed method was subsequently validated. The method even proved to be affective on application to a stressed marketed formulation.