Monoclonal antibodies (mAbs) are identical antibodies produced from a single clone of B cells, used by the immune system to target specific antigens associated with diseases like cancer. The production of mAbs involves fusing myeloma cells with B cells from immunized animals, leading to hybridomas that can proliferate indefinitely and secrete specific antibodies. mAbs have diverse applications in diagnostics and therapies, including targeted treatments for cancers and other diseases.