A Study of the Safety, Tolerability, Pharmacokinetics and Food Effect After Single and Multiple Ascending Oral Doses

Inclusion Criteria: 1. Healthy Male participant, between 18 and 50 years of age, inclusive. 2. Male participant (and partner of childbearing potential) willing to use a highly effective method of contraception in addition to a condom, if applicable (unless anatomically sterile or where abstaining from sexual intercourse is in line with the preferred and usual lifestyle of the participant) from first dose until 4 months after last dose of Investigational Medicinal Product (IMP). 3. Participant with a body mass index (BMI) of 18-30kg/m2. BMI = body weight (kg) / \[height (m)\]2. 4. Total serum bilirubin, alkaline phosphatase (ALP), aspartate transaminase (AST) and alanine transaminase (ALT) ≤ 1.5 x upper limit of normal (ULN). If total bilirubin is above the upper limit of normal and is then fractionated, direct bilirubin must be within normal limits. 5. Total serum Testosterone levels 2 x above the lower limit of the normal range within 28 days before the first dose administration of the IMP. 6. Participant with a negative urinary drugs of abuse (DOA) screen (including alcohol) test results, determined within 28 days before the first dose administration of the IMP (N.B.: A positive test result may be repeated at the Investigator's discretion). 7. Participant with negative human immunodeficiency virus (HIV), hepatitis B surface antigen (HBsAg)) and hepatitis C virus antibody (HCV Ab) test results at Screening. 8. No clinically significant abnormalities in 12-lead electrocardiogram (ECG) determined within 28 days before first dose of IMP including a QRS interval \> 120ms, PR interval \> 220ms and QTcF \> 450ms. 9. No clinically significant abnormalities in vital signs (e.g., blood pressure/pulse rate, respiration rate and oral temperature) determined within 28 days before first dose of IMP. 10. Participant must be available to complete the study (including all follow-up visits). 11. Participant must satisfy an Investigator about his fitness to participate in the study. 12. Participant must provide written informed consent to participate in the study. 13. Participants with a negative COVID-19 PCR test on admission. Exclusion Criteria: 1. A clinically significant history of gastrointestinal disorder likely to influence IMP absorption. 2. Use of prescription or non-prescription drugs, including vitamins, herbal and dietary supplements within 28 days or 5 half-lives (whichever is longer) prior to the first dose of IMP. Occasional use of paracetamol will be allowed. 3. Evidence of renal, hepatic, central nervous system, respiratory, cardiovascular, or metabolic dysfunction. 4. Clinically significant history of previous allergy / sensitivity to AX-158 or any of the excipients contained within the IMP. 5. Participant with history of autoimmune disease, cardiac disease, kidney disease or any food intolerance. 6. Participants with clinically significant abnormal test results for serum biochemistry, haematology and/or urine analyses within 28 days before the first dose administration of the IMP 7. A clinically significant history of drug or alcohol abuse (defined as the consumption of more than 14 units \[for male and female participants\] of alcohol a week) within the past two years. 8. Inability to communicate well with the Investigators (i.e., language problem, poor mental development, or impaired cerebral function). 9. Participation in a New Chemical Entity (NCE) clinical study within the previous 3 months or five half-lives, whichever is longer, or a marketed drug clinical study within the 30 days or five half-lives, whichever is longer, before the first dose of IMP. (Washout period between studies is defined as the period of time elapsed between the last dose of the previous study and the first dose of the next study). 10. Donation of 450 milliliters or more blood within the 3 months before the first dose of IMP. 11. Vegans, vegetarians, or other dietary restrictions (e.g., restrictions for medical, religious, or cultural reasons, etc), which would prevent participants from consuming a high-fat breakfast or standardised meal. 12. Users of nicotine products i.e., current smokers or ex-smokers who have smoked within the 6 months prior to screening or users of cigarette replacements (i.e., e-cigarettes, nicotine patches or gums). 13. Participants who have received a COVID-19 vaccine injection within 28 days prior to the first dose of IMP.