Comment Not Antibodies (Score 5, Informative) 149
Cathelicin-AM is an antimicrobial peptide not an antibody.
I just skimmed the paper (abstract: http://www.ncbi.nlm.nih.gov/pubmed/22101189), but it seems that the group was the first to find out that pandas produce this type of antimicrobial peptide (they are produced by other mammals and it seems that the sequence is similar to that of dogs). The peptide seems to be effective against multiple types of bacteria (Gram positive and Gram negative) and a couple strains of fungi. The researchers only tested the peptide in vitro, so it probably isn't known if purified peptide will be effective in vivo (they reported that it showed little lysis of human red blood cells though).
TL/DR: Don't pressure your doctor into giving you panda blood when you get sick.