Step 1: Understanding the Concept:
Monoclonal antibodies are highly specific antibodies produced from a single clone of cells, allowing them to bind selectively to a single epitope of an antigen.
Step 2: Detailed Explanation:
Hybridoma technology (developed by Georges Köhler and César Milstein in 1975) is used for producing monoclonal antibodies.
This technique involves fusing short-lived, antibody-producing B-lymphocytes (from immunized animals) with immortal, fast-growing cancerous myeloma cells.
The resulting fused hybrid cells, called hybridomas, possess the combined properties of producing highly specific antibodies (from B-cells) and multiplying indefinitely in culture (from myeloma cells).
Step 3: Final Answer:
The technology is called Hybridoma, which corresponds to option (C).